PPP Loan information for Car town of monroe inc

$432,416

Car town of monroe inc was initially approved for PPP Loan of amount $432,416, the current approved amount is $432,416. The loan was approved on 04/12/2020 by The Progressive Bank reported 33 jobs and $432,416 was used to fund payroll.

Car town of monroe inc is Existing or more than 2 years old

CAR TOWN OF MONROE INC

Date Approved

04/12/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

CAR TOWN OF MONROE INC

Borrower Address

319 N 3rd

Borrower City

MONROE

Borrower State

LA

Borrower Zip

71201-6733

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

432416.00

Current Approval Amount

432416.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29371

Servicing Lender Name

Progressive Bank

Servicing Lender Address

1411 N 19th St

Servicing Lender City

MONROE

Servicing Lender State

LA

Servicing Lender Zip

71201-4939

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MONROE

Project County Name

OUACHITA

Project State

LA

Project Zip

71201-6733

CD

LA-05

Jobs Reported

33

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

432416.00

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

29371

Originating Lender

Progressive Bank

Originating Lender City

MONROE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

425208.64

Forgiveness Date

12/16/2020

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