Westwood Contractors INC

$695,737 PPP Loan in Fort Worth, Texas

Loan Details

Loan Number
5497577107
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$695,737
Current Approval
$695,737
Forgiveness Amount
$700,178
Forgiveness Date
Dec 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Westwood Contractors INC
Address
951 West 7th Street
State
Texas
ZIP Code
76102-3512
Business Type
Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$43.3M
Rural/Urban
Urban
Congressional District
TX-12

Loan Use Breakdown

Payroll
$588,237
Rent
$51,000
Utilities
$7,000
Health Care
$27,000
Mortgage Interest
$12,500
Debt Interest
$10,000

Lender Information

Servicing Lender
Veritex Community Bank
Originating Lender
Veritex Community Bank

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