PPP Loan information for Watts electric company

$1,420,920

Watts electric company was initially approved for PPP Loan of amount $1,420,920, the current approved amount is $1,420,920. The loan was approved on 04/28/2020 by The First Interstate Bank reported 93 jobs and $1,420,920 was used to fund payroll.

Watts electric company is Existing or more than 2 years old

WATTS ELECTRIC COMPANY

Date Approved

04/28/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

WATTS ELECTRIC COMPANY

Borrower Address

13351 Dovers Street

Borrower City

WAVERLY

Borrower State

NE

Borrower Zip

68462

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1420920.00

Current Approval Amount

1420920.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAVERLY

Project County Name

LANCASTER

Project State

NE

Project Zip

68462-0001

CD

NE-01

Jobs Reported

93

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1420920.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1436452.80

Forgiveness Date

06/11/2021

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