PPP Loan information for H.w. watson & son logging, inc.

$28,420

H.w. watson & son logging, inc. was initially approved for PPP Loan of amount $28,420, the current approved amount is $28,420. The loan was approved on 04/27/2020 by The Community Spirit Bank reported 6 jobs and $28,420 was used to fund payroll.

H.w. watson & son logging, inc. is Existing or more than 2 years old

H.W. WATSON & SON LOGGING, INC.

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

H.W. WATSON & SON LOGGING, INC.

Borrower Address

2441 HIGHWAY 9

Borrower City

VINA

Borrower State

AL

Borrower Zip

35593-4742

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28420.00

Current Approval Amount

28420.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3201

Servicing Lender Name

Community Spirit Bank

Servicing Lender Address

200 4th Ave SW

Servicing Lender City

RED BAY

Servicing Lender State

AL

Servicing Lender Zip

35582-4180

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VINA

Project County Name

FRANKLIN

Project State

AL

Project Zip

35593-4742

CD

AL-04

Jobs Reported

6

NAICS Code

113310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2842.00

Payroll Proceed

22736.00

Mortgage Interest Proceed

0.00

Rent Proceed

2842.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

3201

Originating Lender

Community Spirit Bank

Originating Lender City

RED BAY

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

28568.42

Forgiveness Date

11/05/2020

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