PPP Loan information for Lafourche arc

$1,779,600

Lafourche arc was initially approved for PPP Loan of amount $1,779,600, the current approved amount is $1,779,600. The loan was approved on 04/27/2020 by The Synergy Bank reported 294 jobs and $1,779,600 was used to fund payroll.

Lafourche arc is Existing or more than 2 years old

PPP Loan Search / LA / THIBODAUX / Lafourche arc

LAFOURCHE ARC

Date Approved

04/27/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

LAFOURCHE ARC

Borrower Address

100 West MAIN ST

Borrower City

THIBODAUX

Borrower State

LA

Borrower Zip

70301-5216

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1779600.00

Current Approval Amount

1779600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123463

Servicing Lender Name

Synergy Bank

Servicing Lender Address

210 Synergy Center Blvd

Servicing Lender City

HOUMA

Servicing Lender State

LA

Servicing Lender Zip

70360-1768

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

THIBODAUX

Project County Name

TERREBONNE

Project State

LA

Project Zip

70301-5216

CD

LA-06

Jobs Reported

294

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

129000.00

Payroll Proceed

1650600.00

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

Non-Profit Organization

Originating Lender Location Id

123463

Originating Lender

Synergy Bank

Originating Lender City

HOUMA

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1792996.43

Forgiveness Date

01/28/2021

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