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Watson Oil Company INC

$89,100 PPP Loan in Corning, Arkansas

Loan Details

Loan Number
9183237007
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$89,100
Current Approval
$89,100
Forgiveness Amount
$89,708
Forgiveness Date
Dec 22, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Watson Oil Company INC
Address
406 SE 1st Street
City
Corning
State
Arkansas
ZIP Code
72422
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424710)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AR-01

Loan Use Breakdown

Payroll
$66,825
Utilities
$22,275

Lender Information

Servicing Lender
First National Bank
Originating Lender
First National Bank

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