As part of the Paycheck Protection Program WATSON CONSTRUCTION CO, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

WATSON CONSTRUCTION CO, INC


Loan Amount	$4,822,100
BusinessName	WATSON CONSTRUCTION CO, INC
Address	401 W STANOLIND RD
City	HOBBS
State	NM
Zip	88240
NAICSCode	238910
BusinessType	Corporation
RaceEthnicity	White
Gender	Male Owned
Veteran	Unanswered
NonProfit
JobsReported	424
DateApproved	04/14/2020
Lender	Lea County State Bank
CD	NM-02
BusinessName.clean	WATSON CONSTRUCTION CO

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

WATSON CONSTRUCTION COMPANY
WATSON ENGINEERING
WATSON FAMILY HYUNDAI
WATSON FARLEY AND WILLIAMS L
WATSON FURNITURE GROUP