PPP Loan information for Water based inc.

$40,978

Water based inc. was initially approved for PPP Loan of amount $40,978, the current approved amount is $40,978. The loan was approved on 01/29/2021 by The The Peoples Bank reported 10 jobs and $40,978 was used to fund payroll.

Water based inc. is Existing or more than 2 years old

WATER BASED INC.

Date Approved

01/29/2021

SBA Office Code

0373

Processing Method

PPP

Borrower Name

WATER BASED INC.

Borrower Address

21270 Rock Hall Ave

Borrower City

Rock Hall

Borrower State

MD

Borrower Zip

21661-1506

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40977.57

Current Approval Amount

40977.57

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30507

Servicing Lender Name

The Peoples Bank

Servicing Lender Address

100 Spring Ave

Servicing Lender City

CHESTERTOWN

Servicing Lender State

MD

Servicing Lender Zip

21620-1343

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rock Hall

Project County Name

KENT

Project State

MD

Project Zip

21661-1506

CD

MD-01

Jobs Reported

10

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

40973.57

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

30507

Originating Lender

The Peoples Bank

Originating Lender City

CHESTERTOWN

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41198.74

Forgiveness Date

08/25/2021

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