PPP Loan information for Bayou welding techologies llc

$308,288

Bayou welding techologies llc was initially approved for PPP Loan of amount $308,288, the current approved amount is $308,288. The loan was approved on 04/14/2020 by The Community First Bank reported 19 jobs and $308,288 was used to fund payroll.

Bayou welding techologies llc is Existing or more than 2 years old

BAYOU WELDING TECHOLOGIES LLC

Date Approved

04/14/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

BAYOU WELDING TECHOLOGIES LLC

Borrower Address

707 FOX RD

Borrower City

NEW IBERIA

Borrower State

LA

Borrower Zip

70560-9344

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

308288.25

Current Approval Amount

308288.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123984

Servicing Lender Name

Community First Bank

Servicing Lender Address

1101 E Admiral Doyle Dr

Servicing Lender City

NEW IBERIA

Servicing Lender State

LA

Servicing Lender Zip

70560-6300

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

70560-9344

CD

LA-03

Jobs Reported

19

NAICS Code

333514

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

265288.25

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

43000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

123984

Originating Lender

Community First Bank

Originating Lender City

NEW IBERIA

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

309941.02

Forgiveness Date

11/03/2020

;