PPP Loan information for Watson oil company inc

$89,100

Watson oil company inc was initially approved for PPP Loan of amount $89,100, the current approved amount is $89,100. The loan was approved on 04/09/2020 by The First National Bank reported 13 jobs and $89,100 was used to fund payroll.

Watson oil company inc is Existing or more than 2 years old

PPP Loan Search / AR / CORNING / Watson oil company inc

WATSON OIL COMPANY INC

Date Approved

04/09/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

WATSON OIL COMPANY INC

Borrower Address

406 SE 1ST STREET

Borrower City

CORNING

Borrower State

AR

Borrower Zip

72422

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89100.00

Current Approval Amount

89100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4641

Servicing Lender Name

First National Bank

Servicing Lender Address

200 W Court St

Servicing Lender City

Paragould

Servicing Lender State

AR

Servicing Lender Zip

72450

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORNING

Project County Name

CLAY

Project State

AR

Project Zip

72422-0001

CD

AR-01

Jobs Reported

13

NAICS Code

424710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

22275.00

Payroll Proceed

66825.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4641

Originating Lender

First National Bank

Originating Lender City

Paragould

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

89707.83

Forgiveness Date

12/22/2020

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