PPP Loan information for L & n food store

$248,737

L & n food store was initially approved for PPP Loan of amount $248,737, the current approved amount is $248,737. The loan was approved on 04/09/2020 by The First American Bank & Trust reported 85 jobs and $248,737 was used to fund payroll.

L & n food store is Existing or more than 2 years old

L & N FOOD STORE

Date Approved

04/09/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

L & N FOOD STORE

Borrower Address

622 LAFOURCHE DR

Borrower City

THIBODAUX

Borrower State

LA

Borrower Zip

70301-2526

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

248736.76

Current Approval Amount

248736.76

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29326

Servicing Lender Name

First American Bank & Trust

Servicing Lender Address

2785 Hwy 20 W

Servicing Lender City

VACHERIE

Servicing Lender State

LA

Servicing Lender Zip

70090

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

THIBODAUX

Project County Name

LAFOURCHE

Project State

LA

Project Zip

70301-2526

CD

LA-06

Jobs Reported

85

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9747.36

Payroll Proceed

198989.40

Mortgage Interest Proceed

0.00

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

29326

Originating Lender

First American Bank & Trust

Originating Lender City

VACHERIE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

250823.39

Forgiveness Date

02/10/2021

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