60WATT HOLDING INC (TX) - 2020 PPP Loan Borrower Profile (# 1287567707)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 60WATT HOLDING INC. 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 Texas.

Loan Detail

Loan Number

1287567707

SBA Office Code

0681

Processing Method

PPP

Curent Loan Amount

$25,000

Date Loan was Approved

May 1, 2020

Amount Forgiven

$25,222.54

Date Loan was Forgiven

Mar 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

700

Payroll Proced

18,276

Mortgage Interest Proceed

1,974

Rent Proceed

1,050

Health Care Proceed

3,000

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Limited Liability Partnership

NAICS

Borrower Location

AUSTIN, TX

Project Location

AUSTIN, TX

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.