Watson Truck & Supply, Inc.
$1,697,600 PPP Loan in Hobbs, New Mexico
Loan Details
- Loan Number
- 4361327000
- Date Approved
- Apr 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,697,600
- Current Approval
- $1,697,600
- Forgiveness Amount
- $1,707,134
- Forgiveness Date
- Nov 5, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Watson Truck & Supply, Inc.
- Address
- 1501 N Grimes St
- City
- Hobbs
- State
- New Mexico
- ZIP Code
- 88240-3719
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (333132)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 113
- Estimated Revenue
- $29.6M
- Rural/Urban
- Urban
- Congressional District
- NM-03
Loan Use Breakdown
- Payroll
- $1,527,500
- Rent
- $52,700
- Utilities
- $45,000
- Health Care
- $18,400
- Mortgage Interest
- $54,000
Lender Information
- Servicing Lender
- Lea County State Bank
- Originating Lender
- Lea County State Bank
Other PPP Loans in Hobbs, NM
| Business | Approved | |
|---|---|---|
| Watson Construction Co, INC | $4,822,100 | |
| D&d Pipeline Construction, Inc. | $3,220,600 | |
| Ingram Professional Services, Inc. | $2,899,300 | |
| Milford Pipe and Supply, Inc. | $2,862,456 | |
| Aries Well Service INC | $2,276,578 |
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