ALBERT WATSON (MI) - 2020 PPP Loan Borrower Profile (# 8507378906)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ALBERT WATSON. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Michigan.
Loan Detail
Loan Number
8507378906
SBA Office Code
0515
Processing Method
PPP
Curent Loan Amount
$19,162
Date Loan was Approved
May 11, 2021
Amount Forgiven
$
Date Loan was Forgiven
Loan Status
Charged Off
Loan Term
31 Months
Utilities Proced
1
Payroll Proced
19,159
Lender
Prestamos CDFI, LLC
Business Detail
Business Type
Sole Proprietorship
NAICS
812112
Borrower Location
Saginaw, MI
Project Location
Saginaw, MI
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
Yes
Jobs Reported
1
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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