Watson Construction Co Inc.
$2,000,000 PPP Loan in Hobbs, New Mexico
Loan Details
- Loan Number
- 4883498510
- Date Approved
- Feb 26, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $2,000,000
- Current Approval
- $2,000,000
- Forgiveness Amount
- $2,015,452
- Forgiveness Date
- Dec 9, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Watson Construction Co Inc.
- Address
- 501 Stanolind Rd
- City
- Hobbs
- State
- New Mexico
- ZIP Code
- 88240
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238910)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 239
- Estimated Revenue
- $89.5M
- Rural/Urban
- Urban
- Congressional District
- NM-02
Loan Use Breakdown
- Payroll
- $2,000,000
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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