PPP Loan information for Lafayette steel erector inc.

$2,000,000

Lafayette steel erector inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/02/2021 by The Rayne State Bank & Trust Company reported 137 jobs and $2,000,000 was used to fund payroll.

Lafayette steel erector inc. is Existing or more than 2 years old

PPP Loan Search / LA / Lafayette / Lafayette steel erector inc.

LAFAYETTE STEEL ERECTOR INC.

Date Approved

02/02/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

LAFAYETTE STEEL ERECTOR INC.

Borrower Address

313 Westgate Rd

Borrower City

Lafayette

Borrower State

LA

Borrower Zip

70506-2714

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29256

Servicing Lender Name

Rayne State Bank & Trust Company

Servicing Lender Address

200 S Adams Ave

Servicing Lender City

RAYNE

Servicing Lender State

LA

Servicing Lender Zip

70578-5836

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lafayette

Project County Name

LAFAYETTE

Project State

LA

Project Zip

70506-2714

CD

LA-03

Jobs Reported

137

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999997.00

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

Corporation

Originating Lender Location Id

29256

Originating Lender

Rayne State Bank & Trust Company

Originating Lender City

RAYNE

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2015287.67

Forgiveness Date

11/10/2021

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