PPP Loan information for Watson well drilling, inc.

$122,700

Watson well drilling, inc. was initially approved for PPP Loan of amount $122,700, the current approved amount is $122,700. The loan was approved on 04/08/2020 by The The Farmers & Merchants State Bank reported 10 jobs and $122,700 was used to fund payroll.

Watson well drilling, inc. is Existing or more than 2 years old

WATSON WELL DRILLING, INC.

Date Approved

04/08/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

WATSON WELL DRILLING, INC.

Borrower Address

13580 County Road C

Borrower City

BRYAN

Borrower State

OH

Borrower Zip

43506-9536

Loan Status Date

10/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

122700.00

Current Approval Amount

122700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53250

Servicing Lender Name

The Farmers & Merchants State Bank

Servicing Lender Address

307 N Defiance St

Servicing Lender City

ARCHBOLD

Servicing Lender State

OH

Servicing Lender Zip

43502-1162

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRYAN

Project County Name

WILLIAMS

Project State

OH

Project Zip

43506-9536

CD

OH-09

Jobs Reported

10

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

122700.00

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

53250

Originating Lender

The Farmers & Merchants State Bank

Originating Lender City

ARCHBOLD

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

113339.15

Forgiveness Date

11/12/2020

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