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
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

BusinessApproved
Watson Construction Co, INC$4,822,100NewBizBotAI Deep Dive
D&d Pipeline Construction, Inc.$3,220,600NewBizBotAI Deep Dive
Ingram Professional Services, Inc.$2,899,300NewBizBotAI Deep Dive
Milford Pipe and Supply, Inc.$2,862,456NewBizBotAI Deep Dive
Aries Well Service INC$2,276,578NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free