PPP Loan information for G & b oil products, llc

$102,839

G & b oil products, llc was initially approved for PPP Loan of amount $102,839, the current approved amount is $102,839. The loan was approved on 04/07/2020 by The Merchants & Farmers Bank & Trust Company reported 12 jobs and $102,839 was used to fund payroll.

G & b oil products, llc is Existing or more than 2 years old

G & B OIL PRODUCTS, LLC

Date Approved

04/07/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

G & B OIL PRODUCTS, LLC

Borrower Address

1800 N MACARTHUR DR

Borrower City

ALEXANDRIA

Borrower State

LA

Borrower Zip

71303-4209

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102839.00

Current Approval Amount

102839.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28364

Servicing Lender Name

Merchants & Farmers Bank & Trust Company

Servicing Lender Address

501 S Fifth St

Servicing Lender City

LEESVILLE

Servicing Lender State

LA

Servicing Lender Zip

71446-4435

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALEXANDRIA

Project County Name

RAPIDES

Project State

LA

Project Zip

71303-4209

CD

LA-05

Jobs Reported

12

NAICS Code

423510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20568.00

Payroll Proceed

82271.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

28364

Originating Lender

Merchants & Farmers Bank & Trust Company

Originating Lender City

LEESVILLE

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

103581.73

Forgiveness Date

12/30/2020

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