PPP Loan information for Afco industries, inc

$2,081,900

Afco industries, inc was initially approved for PPP Loan of amount $2,081,900, the current approved amount is $2,081,900. The loan was approved on 04/14/2020 by The Barksdale FCU reported 238 jobs and $2,081,900 was used to fund payroll.

Afco industries, inc is Existing or more than 2 years old

PPP Loan Search / LA / ALEXANDRIA / Afco industries, inc

AFCO INDUSTRIES, INC

Date Approved

04/14/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

AFCO INDUSTRIES, INC

Borrower Address

3400 Roy Ave

Borrower City

ALEXANDRIA

Borrower State

LA

Borrower Zip

71302

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2081900.00

Current Approval Amount

2081900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

97565

Servicing Lender Name

Barksdale FCU

Servicing Lender Address

2701 Village Ln

Servicing Lender City

BOSSIER CITY

Servicing Lender State

LA

Servicing Lender Zip

71112-2319

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALEXANDRIA

Project County Name

RAPIDES

Project State

LA

Project Zip

71302-2101

CD

LA-05

Jobs Reported

238

NAICS Code

332322

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2081900.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

97565

Originating Lender

Barksdale FCU

Originating Lender City

BOSSIER CITY

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2105570.92

Forgiveness Date

06/10/2021

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