Lawson Implement Company INC

$345,000 PPP Loan in Hamilton, Texas

Loan Details

Loan Number
4784557001
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$345,000
Current Approval
$345,000
Forgiveness Amount
$346,966
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Lawson Implement Company INC
Address
1130 Hwy 281
State
Texas
ZIP Code
76531
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423820)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$10.7M
Rural/Urban
Rural
Congressional District
TX-31

Loan Use Breakdown

Payroll
$306,000
Rent
$20,000
Utilities
$3,000
Health Care
$16,000

Lender Information

Servicing Lender
Mcbank
Originating Lender
Mcbank

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