PPP Loan information for Bayou electrical services

$414,303

Bayou electrical services was initially approved for PPP Loan of amount $414,303, the current approved amount is $414,303. The loan was approved on 04/13/2020 by The BankPlus reported 36 jobs and $414,303 was used to fund payroll.

Bayou electrical services is Existing or more than 2 years old

BAYOU ELECTRICAL SERVICES

Date Approved

04/13/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

BAYOU ELECTRICAL SERVICES

Borrower Address

1843 PETERS RD 563 cypress drive

Borrower City

HARVEY

Borrower State

LA

Borrower Zip

70058-1730

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

414302.50

Current Approval Amount

414302.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39099

Servicing Lender Name

BankPlus

Servicing Lender Address

202 E Jackson St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3524

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HARVEY

Project County Name

JEFFERSON

Project State

LA

Project Zip

70058-1730

CD

LA-02

Jobs Reported

36

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

248581.50

Payroll Proceed

165721.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39099

Originating Lender

BankPlus

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

416799.67

Forgiveness Date

11/23/2020

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