PPP Loan information for Commerce title and abstract company

$641,600

Commerce title and abstract company was initially approved for PPP Loan of amount $641,600, the current approved amount is $641,600. The loan was approved on 04/08/2020 by The Red River Bank reported 42 jobs and $641,600 was used to fund payroll.

Commerce title and abstract company is Existing or more than 2 years old

PPP Loan Search / LA / BATON ROUGE / Commerce title and abstract company

COMMERCE TITLE AND ABSTRACT COMPANY

Date Approved

04/08/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

COMMERCE TITLE AND ABSTRACT COMPANY

Borrower Address

2051 SILVERSIDE DR Ste 160

Borrower City

BATON ROUGE

Borrower State

LA

Borrower Zip

70808-4040

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

641600.00

Current Approval Amount

641600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123420

Servicing Lender Name

Red River Bank

Servicing Lender Address

1412 Centre Court Dr, Ste 101

Servicing Lender City

ALEXANDRIA

Servicing Lender State

LA

Servicing Lender Zip

71301-3441

Rural Urban Indicator

U

Hubzone Indicator

N

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

70808-4040

CD

LA-06

Jobs Reported

42

NAICS Code

541110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

641600.00

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

123420

Originating Lender

Red River Bank

Originating Lender City

ALEXANDRIA

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

645307.02

Forgiveness Date

11/12/2020

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