PPP Loan information for Watts copy systems inc

$559,000

Watts copy systems inc was initially approved for PPP Loan of amount $559,000, the current approved amount is $559,000. The loan was approved on 04/05/2020 by The Morton Community Bank reported 56 jobs and $559,000 was used to fund payroll.

Watts copy systems inc is Existing or more than 2 years old

PPP Loan Search / IL / SPRINGFIELD / Watts copy systems inc

WATTS COPY SYSTEMS INC

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

WATTS COPY SYSTEMS INC

Borrower Address

2860 STANTON ST

Borrower City

SPRINGFIELD

Borrower State

IL

Borrower Zip

62703-4347

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

559000.00

Current Approval Amount

559000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22097

Servicing Lender Name

Morton Community Bank

Servicing Lender Address

721 W Jackson St

Servicing Lender City

MORTON

Servicing Lender State

IL

Servicing Lender Zip

61550-1537

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

SANGAMON

Project State

IL

Project Zip

62703-4347

CD

IL-13

Jobs Reported

56

NAICS Code

532420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

559000.00

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

22608

Originating Lender

Marine Bank

Originating Lender City

SPRINGFIELD

Originating Lender State

IL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

563689.39

Forgiveness Date

02/11/2021

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