Watson Rockford LLC

$214,975 PPP Loan in Rockford, Michigan

Loan Details

Loan Number
6384627009
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$214,975
Current Approval
$214,975
Forgiveness Amount
$217,059
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Watson Rockford LLC
Address
4395 14 Mile Road
ZIP Code
49341-7838
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
Chrysler - Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$163,381
Rent
$30,097
Utilities
$6,449
Health Care
$4,300
Debt Interest
$10,749

Lender Information

Servicing Lender
Honor Bank
Originating Lender
Honor Bank

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