PPP Loan information for Frosty factory of america, inc.

$416,500

Frosty factory of america, inc. was initially approved for PPP Loan of amount $416,500, the current approved amount is $416,500. The loan was approved on 04/07/2020 by The Origin Bank reported 39 jobs and $416,500 was used to fund payroll.

Frosty factory of america, inc. is Existing or more than 2 years old

FROSTY FACTORY OF AMERICA, INC.

Date Approved

04/07/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

FROSTY FACTORY OF AMERICA, INC.

Borrower Address

2301 S FARMERVILLE ST

Borrower City

RUSTON

Borrower State

LA

Borrower Zip

71270-9042

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

416500.00

Current Approval Amount

416500.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RUSTON

Project County Name

LINCOLN

Project State

LA

Project Zip

71270-9042

CD

LA-05

Jobs Reported

39

NAICS Code

423740

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20800.00

Payroll Proceed

312400.00

Mortgage Interest Proceed

0.00

Rent Proceed

83300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

420549.31

Forgiveness Date

03/31/2021

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