Watson Electric Company, Inc.

$700,000 PPP Loan in Huntersville, North Carolina

Loan Details

Loan Number
1216897802
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$700,000
Current Approval
$700,000
Forgiveness Amount
$710,442
Forgiveness Date
Nov 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Watson Electric Company, Inc.
Address
321 Seagle Street
ZIP Code
28078
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
63
Estimated Revenue
$20.7M
Rural/Urban
Urban
Congressional District
NC-12

Loan Use Breakdown

Payroll
$700,000

Lender Information

Servicing Lender
Fifth Third Bank
Originating Lender
Fifth Third Bank

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