PPP Loan information for Bayou electrical services inc

$55,932

Bayou electrical services inc was initially approved for PPP Loan of amount $55,932, the current approved amount is $55,932. The loan was approved on 03/17/2021 by The Investar Bank, National Association reported 8 jobs and $55,932 was used to fund payroll.

Bayou electrical services inc is Existing or more than 2 years old

BAYOU ELECTRICAL SERVICES INC

Date Approved

03/17/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

BAYOU ELECTRICAL SERVICES INC

Borrower Address

2418 S Philippe Ave

Borrower City

Gonzales

Borrower State

LA

Borrower Zip

70737-3747

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55932.00

Current Approval Amount

55932.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

442411

Servicing Lender Name

Investar Bank, National Association

Servicing Lender Address

7244 Perkins Rd

Servicing Lender City

BATON ROUGE

Servicing Lender State

LA

Servicing Lender Zip

70808-4323

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gonzales

Project County Name

ASCENSION

Project State

LA

Project Zip

70737-3747

CD

LA-02

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55932.00

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

442411

Originating Lender

Investar Bank, National Association

Originating Lender City

BATON ROUGE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56380.99

Forgiveness Date

01/06/2022

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