PPP Loan information for Watermark insurance agency, inc.

$98,290

Watermark insurance agency, inc. was initially approved for PPP Loan of amount $98,290, the current approved amount is $98,290. The loan was approved on 04/09/2020 by The Security Bank & Trust Company reported 7 jobs and $98,290 was used to fund payroll.

Watermark insurance agency, inc. is Existing or more than 2 years old

PPP Loan Search / MN / WACONIA / Watermark insurance agency, inc.

WATERMARK INSURANCE AGENCY, INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WATERMARK INSURANCE AGENCY, INC.

Borrower Address

9360 OAK AVE

Borrower City

WACONIA

Borrower State

MN

Borrower Zip

55387-9422

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98290.00

Current Approval Amount

98290.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38117

Servicing Lender Name

Security Bank & Trust Company

Servicing Lender Address

735 11th St E

Servicing Lender City

GLENCOE

Servicing Lender State

MN

Servicing Lender Zip

55336-2220

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WACONIA

Project County Name

CARVER

Project State

MN

Project Zip

55387-9422

CD

MN-06

Jobs Reported

7

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

467.00

Payroll Proceed

88354.00

Mortgage Interest Proceed

0.00

Rent Proceed

9469.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38117

Originating Lender

Security Bank & Trust Company

Originating Lender City

GLENCOE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

99018.98

Forgiveness Date

01/11/2021

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