PPP Loan information for Benson motor company

$1,883,800

Benson motor company was initially approved for PPP Loan of amount $1,883,800, the current approved amount is $1,883,800. The loan was approved on 04/15/2020 by The Hancock Whitney Bank reported 127 jobs and $1,883,800 was used to fund payroll.

Benson motor company is Existing or more than 2 years old

PPP Loan Search / LA / METAIRIE / Benson motor company

BENSON MOTOR COMPANY

Date Approved

04/15/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

BENSON MOTOR COMPANY

Borrower Address

3727 VETERANS MEMORIAL BLVD

Borrower City

METAIRIE

Borrower State

LA

Borrower Zip

70002-5840

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1883800.00

Current Approval Amount

1883800.00

Undisbursed Amount

0.00

Franchise Name

Mercedes-Benz - Passenger Car Dealer Agreement

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

N

Business Age Description

Existing or more than 2 years old

Project City

METAIRIE

Project County Name

JEFFERSON

Project State

LA

Project Zip

70002-5840

CD

LA-01

Jobs Reported

127

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1883800.00

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

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1897300.57

Forgiveness Date

01/08/2021

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