PPP Loan information for Watermatic irrigation co

$42,580

Watermatic irrigation co was initially approved for PPP Loan of amount $42,580, the current approved amount is $42,580. The loan was approved on 01/20/2021 by The Bangor Savings Bank reported 6 jobs and $42,580 was used to fund payroll.

Watermatic irrigation co is Existing or more than 2 years old

WATERMATIC IRRIGATION CO

Date Approved

01/20/2021

SBA Office Code

0172

Processing Method

PPP

Borrower Name

WATERMATIC IRRIGATION CO

Borrower Address

140 Thadeus St

Borrower City

South Portland

Borrower State

ME

Borrower Zip

04106-6239

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42580.00

Current Approval Amount

42580.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29389

Servicing Lender Name

Bangor Savings Bank

Servicing Lender Address

24 Hamlin Way

Servicing Lender City

BANGOR

Servicing Lender State

ME

Servicing Lender Zip

04401-6497

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

South Portland

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04106-6239

CD

ME-01

Jobs Reported

6

NAICS Code

561730

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42579.00

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

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

43016.45

Forgiveness Date

01/28/2022

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