PPP Loan information for Bayou machine & fabrications inc

$62,011

Bayou machine & fabrications inc was initially approved for PPP Loan of amount $77,500, the current approved amount is $62,011. The loan was approved on 02/11/2021 by The BankPlus reported 8 jobs and $62,011 was used to fund payroll.

Bayou machine & fabrications inc is Existing or more than 2 years old

PPP Loan Search / LA / Harvey / Bayou machine & fabrications inc

BAYOU MACHINE & FABRICATIONS INC

Date Approved

02/11/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

BAYOU MACHINE & FABRICATIONS INC

Borrower Address

2104 Peters Rd

Borrower City

Harvey

Borrower State

LA

Borrower Zip

70058-1735

Loan Status Date

04/06/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

77500.00

Current Approval Amount

62010.60

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

70058-1735

CD

LA-02

Jobs Reported

8

NAICS Code

332618

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

62010.60

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

39099

Originating Lender

BankPlus

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60282.74

Forgiveness Date

08/04/2021

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