PPP Loan information for Binnacle management llc

$1,103,672

Binnacle management llc was initially approved for PPP Loan of amount $1,103,672, the current approved amount is $1,103,672. The loan was approved on 01/30/2021 by The First Horizon Bank reported 54 jobs and $1,103,672 was used to fund payroll.

Binnacle management llc is Existing or more than 2 years old

BINNACLE MANAGEMENT LLC

Date Approved

01/30/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

BINNACLE MANAGEMENT LLC

Borrower Address

3357 Highland Rd

Borrower City

Baton Rouge

Borrower State

LA

Borrower Zip

70802-7923

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1103672.00

Current Approval Amount

1103672.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Baton Rouge

Project County Name

EAST BATON ROUGE

Project State

LA

Project Zip

70802-7923

CD

LA-06

Jobs Reported

54

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1103668.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1117467.90

Forgiveness Date

05/11/2022

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