PPP Loan information for Affordable rent to own, llc

$2,539,700

Affordable rent to own, llc was initially approved for PPP Loan of amount $2,539,700, the current approved amount is $2,539,700. The loan was approved on 04/10/2020 by The Hancock Whitney Bank reported 276 jobs and $2,539,700 was used to fund payroll.

Affordable rent to own, llc is Existing or more than 2 years old

PPP Loan Search / LA / LAFAYETTE / Affordable rent to own, llc

AFFORDABLE RENT TO OWN, LLC

Date Approved

04/10/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

AFFORDABLE RENT TO OWN, LLC

Borrower Address

3118 PINHOOK RD

Borrower City

LAFAYETTE

Borrower State

LA

Borrower Zip

70508-3444

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2539700.00

Current Approval Amount

2539700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAFAYETTE

Project County Name

LAFAYETTE

Project State

LA

Project Zip

70508-3444

CD

LA-03

Jobs Reported

276

NAICS Code

532289

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

135000.00

Payroll Proceed

2026700.00

Mortgage Interest Proceed

0.00

Rent Proceed

363000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

15000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2568342.17

Forgiveness Date

05/27/2021

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