PPP Loan information for Channel specialty co. inc

$252,713

Channel specialty co. inc was initially approved for PPP Loan of amount $252,713, the current approved amount is $252,713. The loan was approved on 02/04/2021 by The The First National Bank of Jeanerette reported 18 jobs and $252,713 was used to fund payroll.

Channel specialty co. inc is Existing or more than 2 years old

CHANNEL SPECIALTY CO. INC

Date Approved

02/04/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

CHANNEL SPECIALTY CO. INC

Borrower Address

411 Halphen St

Borrower City

New Iberia

Borrower State

LA

Borrower Zip

70560-1535

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

252712.92

Current Approval Amount

252712.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28299

Servicing Lender Name

The First National Bank of Jeanerette

Servicing Lender Address

1331 Main St

Servicing Lender City

JEANERETTE

Servicing Lender State

LA

Servicing Lender Zip

70544-3640

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Iberia

Project County Name

IBERIA

Project State

LA

Project Zip

70560-1535

CD

LA-03

Jobs Reported

18

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

252708.92

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

28299

Originating Lender

The First National Bank of Jeanerette

Originating Lender City

JEANERETTE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

254755.68

Forgiveness Date

12/01/2021

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