PPP Loan information for Arceneaux ford inc

$484,500

Arceneaux ford inc was initially approved for PPP Loan of amount $484,500, the current approved amount is $484,500. The loan was approved on 04/13/2020 by The Hancock Whitney Bank reported 39 jobs and $484,500 was used to fund payroll.

Arceneaux ford inc is Existing or more than 2 years old

ARCENEAUX FORD INC

Date Approved

04/13/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ARCENEAUX FORD INC

Borrower Address

1111 US HIGHWAY 90 West

Borrower City

NEW IBERIA

Borrower State

LA

Borrower Zip

70560-9402

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

484500.00

Current Approval Amount

484500.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

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

NEW IBERIA

Project County Name

IBERIA

Project State

LA

Project Zip

70560-9402

CD

LA-03

Jobs Reported

39

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

484500.00

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

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

489654.54

Forgiveness Date

05/04/2021

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