PPP Loan information for Industrial fabrics, inc.

$1,268,346

Industrial fabrics, inc. was initially approved for PPP Loan of amount $1,268,346, the current approved amount is $1,268,346. The loan was approved on 04/08/2020 by The JPMorgan Chase Bank, National Association reported 167 jobs and $1,268,346 was used to fund payroll.

Industrial fabrics, inc. is Existing or more than 2 years old

PPP Loan Search / LA / Baton Rouge / Industrial fabrics, inc.

INDUSTRIAL FABRICS, INC.

Date Approved

04/08/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

INDUSTRIAL FABRICS, INC.

Borrower Address

510 O'Neal Lane Extension 0.0

Borrower City

Baton Rouge

Borrower State

LA

Borrower Zip

70819-3600

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1268346.00

Current Approval Amount

1268346.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

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

70819-3600

CD

LA-06

Jobs Reported

167

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

40000.00

Payroll Proceed

1015346.00

Mortgage Interest Proceed

33000.00

Rent Proceed

60000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

100000.00

Debt Interest Proceed

20000

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1285989.40

Forgiveness Date

09/02/2021

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