PPP Loan information for Group contractors, llc

$2,954,600

Group contractors, llc was initially approved for PPP Loan of amount $2,954,600, the current approved amount is $2,954,600. The loan was approved on 04/11/2020 by The Hancock Whitney Bank reported 194 jobs and $2,954,600 was used to fund payroll.

Group contractors, llc is Existing or more than 2 years old

GROUP CONTRACTORS, LLC

Date Approved

04/11/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

GROUP CONTRACTORS, LLC

Borrower Address

15055 JEFFERSON HWY

Borrower City

BATON ROUGE

Borrower State

LA

Borrower Zip

70817-6230

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2954600.00

Current Approval Amount

2954600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

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

70817-6230

CD

LA-06

Jobs Reported

194

NAICS Code

237120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2842600.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

112000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2987510.96

Forgiveness Date

05/27/2021

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