PPP Loan information for Watcon inc

$149,500

Watcon inc was initially approved for PPP Loan of amount $149,500, the current approved amount is $149,500. The loan was approved on 03/25/2021 by The 1st Source Bank reported 11 jobs and $149,500 was used to fund payroll.

Watcon inc is Existing or more than 2 years old

PPP Loan Search / IN / South Bend / Watcon inc

WATCON INC

Date Approved

03/25/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

WATCON INC

Borrower Address

2215 S Main St

Borrower City

South Bend

Borrower State

IN

Borrower Zip

46613-2315

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

149500.00

Current Approval Amount

149500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

South Bend

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46613-2315

CD

IN-02

Jobs Reported

11

NAICS Code

221310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

149496.00

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

Corporation

Originating Lender Location Id

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

150517.43

Forgiveness Date

12/16/2021

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