PPP borrower record
WATSON CONSTRUCTION CO, INC PPP loan record
Public SBA PPP loan record for WATSON CONSTRUCTION CO, INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$4,822,100
Approved amount
$4,876,927
Forgiven amount
2020-04-14
Date approved
Borrower and loan details
Borrower
WATSON CONSTRUCTION CO, INC
Loan number
7086057109
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Hobbs
Borrower state
New Mexico
Borrower ZIP
88240
Jobs reported
424
Loan status
Exemption 4
Forgiveness date
2021-06-11
Servicing lender
Lea County State Bank
Originating lender
Lea County State Bank
Reported use of proceeds
Payroll
$4,744,262
Rent
$55,000
Utilities
$22,838
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
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.