PPP Loan information for Glo resources, llc

$1,612,500

Glo resources, llc was initially approved for PPP Loan of amount $1,612,500, the current approved amount is $1,612,500. The loan was approved on 04/05/2020 by The b1BANK reported 195 jobs and $1,612,500 was used to fund payroll.

Glo resources, llc is New Business or 2 years or less

PPP Loan Search / LA / BATON ROUGE / Glo resources, llc

GLO RESOURCES, LLC

Date Approved

04/05/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

GLO RESOURCES, LLC

Borrower Address

509 SAINT LOUIS ST

Borrower City

BATON ROUGE

Borrower State

LA

Borrower Zip

70802-6158

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1612500.00

Current Approval Amount

1612500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437878

Servicing Lender Name

b1BANK

Servicing Lender Address

500 Laurel St, Ste 101

Servicing Lender City

BATON ROUGE

Servicing Lender State

LA

Servicing Lender Zip

70801-1811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

BATON ROUGE

Project County Name

EAST BATON ROUGE

Project State

LA

Project Zip

70802-6158

CD

LA-06

Jobs Reported

195

NAICS Code

561330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

322500.00

Payroll Proceed

1290000.00

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

437878

Originating Lender

b1BANK

Originating Lender City

BATON ROUGE

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1631581.25

Forgiveness Date

06/15/2021

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