PPP Loan information for Watson machine corporation

$113,000

Watson machine corporation was initially approved for PPP Loan of amount $113,000, the current approved amount is $113,000. The loan was approved on 01/21/2021 by The Citizens and Farmers Bank reported 19 jobs and $113,000 was used to fund payroll.

Watson machine corporation is Existing or more than 2 years old

PPP Loan Search / VA / Powhatan / Watson machine corporation

WATSON MACHINE CORPORATION

Date Approved

01/21/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

WATSON MACHINE CORPORATION

Borrower Address

2052 New Dorset Rd

Borrower City

Powhatan

Borrower State

VA

Borrower Zip

23139-7540

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

113000.00

Current Approval Amount

113000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74135

Servicing Lender Name

Citizens and Farmers Bank

Servicing Lender Address

415 14th St

Servicing Lender City

WEST POINT

Servicing Lender State

VA

Servicing Lender Zip

23181

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Powhatan

Project County Name

POWHATAN

Project State

VA

Project Zip

23139-7540

CD

VA-05

Jobs Reported

19

NAICS Code

238290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

113000.00

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

Subchapter S Corporation

Originating Lender Location Id

74135

Originating Lender

Citizens and Farmers Bank

Originating Lender City

WEST POINT

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

113606.79

Forgiveness Date

08/09/2021

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