Watts Equipment, Inc.
$477,000 PPP Loan in Marble Falls, Texas
Loan Details
- Loan Number
- 6792917001
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $477,000
- Current Approval
- $477,000
- Forgiveness Amount
- $480,551
- Forgiveness Date
- Jan 13, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Watts Equipment, Inc.
- Address
- 5515 N. Highway 281
- City
- Marble Falls
- State
- Texas
- ZIP Code
- 78654
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (444210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 46
- Estimated Revenue
- $9.5M
- Rural/Urban
- Rural
- Congressional District
- TX-25
Loan Use Breakdown
- Payroll
- $357,750
- Rent
- $71,550
- Utilities
- $47,700
Lender Information
- Servicing Lender
- Texas Partners Bank
- Originating Lender
- Texas Partners Bank
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