PPP Loan information for Watson tire & automotive service, inc.

$72,500

Watson tire & automotive service, inc. was initially approved for PPP Loan of amount $72,500, the current approved amount is $72,500. The loan was approved on 04/15/2020 by The Iroquois Federal Savings & Loan Association reported 12 jobs and $72,500 was used to fund payroll.

Watson tire & automotive service, inc. is Existing or more than 2 years old

WATSON TIRE & AUTOMOTIVE SERVICE, INC.

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

WATSON TIRE & AUTOMOTIVE SERVICE, INC.

Borrower Address

700 MAIN ST

Borrower City

DANVILLE

Borrower State

IL

Borrower Zip

61832-6316

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72500.00

Current Approval Amount

72500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82803

Servicing Lender Name

Iroquois Federal Savings & Loan Association

Servicing Lender Address

201 E Cherry St

Servicing Lender City

WATSEKA

Servicing Lender State

IL

Servicing Lender Zip

60970-1661

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DANVILLE

Project County Name

VERMILION

Project State

IL

Project Zip

61832-6316

CD

IL-02

Jobs Reported

12

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

72500.00

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

82803

Originating Lender

Iroquois Federal Savings & Loan Association

Originating Lender City

WATSEKA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

72925.07

Forgiveness Date

11/25/2020

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