PPP Loan information for Watermark donut company

$2,000,000

Watermark donut company was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/10/2021 by The Eastern Bank reported 275 jobs and $2,000,000 was used to fund payroll.

Watermark donut company is Existing or more than 2 years old

PPP Loan Search / MA / South Boston / Watermark donut company

WATERMARK DONUT COMPANY

Date Approved

02/10/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

WATERMARK DONUT COMPANY

Borrower Address

370 Dorchester Ave

Borrower City

South Boston

Borrower State

MA

Borrower Zip

02127-2407

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Boston

Project County Name

SUFFOLK

Project State

MA

Project Zip

02127-2407

CD

MA-08

Jobs Reported

275

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2016944.44

Forgiveness Date

12/15/2021

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