PPP Loan information for Watch systems llc

$705,000

Watch systems llc was initially approved for PPP Loan of amount $705,000, the current approved amount is $705,000. The loan was approved on 01/20/2021 by The Hancock Whitney Bank reported 45 jobs and $705,000 was used to fund payroll.

Watch systems llc is Existing or more than 2 years old

WATCH SYSTEMS LLC

Date Approved

01/20/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

WATCH SYSTEMS LLC

Borrower Address

516 E Rutland St

Borrower City

Covington

Borrower State

LA

Borrower Zip

70433-3219

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

705000.00

Current Approval Amount

705000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Covington

Project County Name

SAINT TAMMANY

Project State

LA

Project Zip

70433-3219

CD

LA-01

Jobs Reported

45

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

704996.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

709719.58

Forgiveness Date

09/28/2021

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