PPP Loan information for Cortec, llc

$3,000,000

Cortec, llc was initially approved for PPP Loan of amount $3,000,000, the current approved amount is $3,000,000. The loan was approved on 04/13/2020 by The Regions Bank reported 191 jobs and $3,000,000 was used to fund payroll.

Cortec, llc is Existing or more than 2 years old

PPP Loan Search / LA / HOUMA / Cortec, llc

CORTEC, LLC

Date Approved

04/13/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

CORTEC, LLC

Borrower Address

208 EQUITY BOULEVARD,

Borrower City

HOUMA

Borrower State

LA

Borrower Zip

70360-8366

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3000000.00

Current Approval Amount

3000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOUMA

Project County Name

TERREBONNE

Project State

LA

Project Zip

70360-8366

CD

LA-06

Jobs Reported

191

NAICS Code

332911

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

3000000.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2625253.15

Forgiveness Date

12/15/2021

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