PPP Loan information for Bayou state automotive group, llc

$667,156

Bayou state automotive group, llc was initially approved for PPP Loan of amount $667,156, the current approved amount is $667,156. The loan was approved on 04/10/2020 by The Hancock Whitney Bank reported 103 jobs and $667,156 was used to fund payroll.

Bayou state automotive group, llc is Existing or more than 2 years old

PPP Loan Search / LA / LA PLACE / Bayou state automotive group, llc

BAYOU STATE AUTOMOTIVE GROUP, LLC

Date Approved

04/10/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

BAYOU STATE AUTOMOTIVE GROUP, LLC

Borrower Address

555 BELLE TERRE BLVD

Borrower City

LA PLACE

Borrower State

LA

Borrower Zip

70068-1718

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

667156.00

Current Approval Amount

667156.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

LA PLACE

Project County Name

ST JOHN THE BAPTIST

Project State

LA

Project Zip

70068-1718

CD

LA-02

Jobs Reported

103

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

48000.00

Payroll Proceed

518452.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

50704.00

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

Unanswered

Non Profit

Forgiveness Amount

674309.39

Forgiveness Date

05/06/2021

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