PPP Loan information for Watermark enhanced care suites, llc

$193,500

Watermark enhanced care suites, llc was initially approved for PPP Loan of amount $193,500, the current approved amount is $193,500. The loan was approved on 04/10/2020 by The Bridgewater Bank reported 34 jobs and $193,500 was used to fund payroll.

Watermark enhanced care suites, llc is Existing or more than 2 years old

WATERMARK ENHANCED CARE SUITES, LLC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WATERMARK ENHANCED CARE SUITES, LLC

Borrower Address

16192 HIGHWAY 7

Borrower City

MINNETONKA

Borrower State

MN

Borrower Zip

55345-3403

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

193500.00

Current Approval Amount

193500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

436783

Servicing Lender Name

Bridgewater Bank

Servicing Lender Address

4450 Excelsior Blvd

Servicing Lender City

SAINT LOUIS PARK

Servicing Lender State

MN

Servicing Lender Zip

55416-5385

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNETONKA

Project County Name

HENNEPIN

Project State

MN

Project Zip

55345-3403

CD

MN-03

Jobs Reported

34

NAICS Code

623312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

155000.00

Mortgage Interest Proceed

0.00

Rent Proceed

38500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Partnership

Originating Lender Location Id

436783

Originating Lender

Bridgewater Bank

Originating Lender City

SAINT LOUIS PARK

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

195503.92

Forgiveness Date

05/03/2021

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