PPP borrower record

RED WATSON LOGGING INC PPP loan record

Public SBA PPP loan record for RED WATSON LOGGING INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$121,640
Approved amount
$122,948
Forgiven amount
2020-04-30
Date approved

Borrower and loan details

Borrower
RED WATSON LOGGING INC
Loan number
5032307303
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Wiergate
Borrower state
Texas
Borrower ZIP
75977
Jobs reported
20
Loan status
Exemption 4
Forgiveness date
2021-05-27
Servicing lender
BBVA USA
Originating lender
BBVA USA

Reported use of proceeds

Payroll
$119,640
Rent
$1,000
Utilities
$1,000
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.