Watson Construction Co, INC
$4,822,100 PPP Loan in Hobbs, New Mexico
Loan Details
- Loan Number
- 7086057109
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $4,822,100
- Current Approval
- $4,822,100
- Forgiveness Amount
- $4,876,927
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Watson Construction Co, INC
- Address
- 401 W Stanolind Rd
- City
- Hobbs
- State
- New Mexico
- ZIP Code
- 88240-7661
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238910)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 424
- Estimated Revenue
- $158.9M
- Rural/Urban
- Urban
- Congressional District
- NM-02
Loan Use Breakdown
- Payroll
- $4,744,262
- Rent
- $55,000
- Utilities
- $22,838
Lender Information
- Servicing Lender
- Lea County State Bank
- Originating Lender
- Lea County State Bank
Other PPP Loans in Hobbs, NM
| Business | Approved | |
|---|---|---|
| D&d Pipeline Construction, Inc. | $3,220,600 |  Research |
| Ingram Professional Services, Inc. | $2,899,300 | Research |
| Milford Pipe and Supply, Inc. | $2,862,456 | Research |
| Aries Well Service INC | $2,276,578 | Research |
| Gci, Inc. | $2,177,636 | Research |
Want to research this company further?
Try NewBizBot free