S.w. Watkins, Limited

$1,937,500 PPP Loan in Fort Wayne, Indiana

Loan Details

Loan Number
1691627104
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,937,500
Current Approval
$1,937,500
Forgiveness Amount
$1,958,920
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
S.w. Watkins, Limited
Address
918 W Cook Rd
State
Indiana
ZIP Code
46825-3270
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332322)
Business Age
Existing or more than 2 years old
Jobs Reported
82
Estimated Revenue
$20.0M
Rural/Urban
Urban
Congressional District
IN-03

Loan Use Breakdown

Payroll
$1,843,383
Rent
$22,000
Utilities
$16,000
Health Care
$20,504
Mortgage Interest
$11,613
Debt Interest
$24,000

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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