PPP Loan information for Westwood contractors inc

$695,737

Westwood contractors inc was initially approved for PPP Loan of amount $695,737, the current approved amount is $695,737. The loan was approved on 04/13/2020 by The Veritex Community Bank reported 38 jobs and $695,737 was used to fund payroll.

Westwood contractors inc is Existing or more than 2 years old

PPP Loan Search / TX / FORT WORTH / Westwood contractors inc

WESTWOOD CONTRACTORS INC

Date Approved

04/13/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

WESTWOOD CONTRACTORS INC

Borrower Address

951 West 7th Street

Borrower City

FORT WORTH

Borrower State

TX

Borrower Zip

76102-3512

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

695737.00

Current Approval Amount

695737.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

368915

Servicing Lender Name

Veritex Community Bank

Servicing Lender Address

8214 Westchester Dr Ste 800

Servicing Lender City

Dallas

Servicing Lender State

TX

Servicing Lender Zip

75225

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT WORTH

Project County Name

TARRANT

Project State

TX

Project Zip

76102-3512

CD

TX-12

Jobs Reported

38

NAICS Code

236220

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

7000.00

Payroll Proceed

588237.00

Mortgage Interest Proceed

12500.00

Rent Proceed

51000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

27000.00

Debt Interest Proceed

10000

Business Type

Corporation

Originating Lender Location Id

368915

Originating Lender

Veritex Community Bank

Originating Lender City

Dallas

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

700178.28

Forgiveness Date

12/10/2020

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