PPP Loan information for Biomedical research foundation of northwest louisiana

$1,071,722

Biomedical research foundation of northwest louisiana was initially approved for PPP Loan of amount $1,071,722, the current approved amount is $1,071,722. The loan was approved on 04/15/2020 by The Origin Bank reported 68 jobs and $1,071,722 was used to fund payroll.

Biomedical research foundation of northwest louisiana is Existing or more than 2 years old

BIOMEDICAL RESEARCH FOUNDATION OF NORTHWEST LOUISIANA

Date Approved

04/15/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

BIOMEDICAL RESEARCH FOUNDATION OF NORTHWEST LOUISIANA

Borrower Address

2031 KINGS HWY

Borrower City

SHREVEPORT

Borrower State

LA

Borrower Zip

71103-3600

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1071722.00

Current Approval Amount

1071722.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28153

Servicing Lender Name

Origin Bank

Servicing Lender Address

3921 Elm St

Servicing Lender City

CHOUDRANT

Servicing Lender State

LA

Servicing Lender Zip

71227-3082

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SHREVEPORT

Project County Name

CADDO

Project State

LA

Project Zip

71103-3600

CD

LA-04

Jobs Reported

68

NAICS Code

541715

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

71448.00

Payroll Proceed

857378.00

Mortgage Interest Proceed

71448.00

Rent Proceed

71448.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1080444.63

Forgiveness Date

02/11/2021

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