PPP Loan information for Water tectonics inc

$974,847

Water tectonics inc was initially approved for PPP Loan of amount $974,847, the current approved amount is $974,847. The loan was approved on 03/17/2021 by The Bank of America, National Association reported 50 jobs and $974,847 was used to fund payroll.

Water tectonics inc is Existing or more than 2 years old

WATER TECTONICS INC

Date Approved

03/17/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

WATER TECTONICS INC

Borrower Address

6300 Merrill Creek Pkwy Ste C100

Borrower City

Everett

Borrower State

WA

Borrower Zip

98203-1577

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

974847.00

Current Approval Amount

974847.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Everett

Project County Name

SNOHOMISH

Project State

WA

Project Zip

98203-1577

CD

WA-02

Jobs Reported

50

NAICS Code

333318

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

974843.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

983420.31

Forgiveness Date

02/03/2022

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