PPP Loan information for Louisiana's first choice auto auction, llc

$713,230

Louisiana's first choice auto auction, llc was initially approved for PPP Loan of amount $713,230, the current approved amount is $713,230. The loan was approved on 04/10/2020 by The First Horizon Bank reported 67 jobs and $713,230 was used to fund payroll.

Louisiana's first choice auto auction, llc is Existing or more than 2 years old

PPP Loan Search / LA / HAMMOND / Louisiana's first choice auto auction, llc

LOUISIANA'S FIRST CHOICE AUTO AUCTION, LLC

Date Approved

04/10/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

LOUISIANA'S FIRST CHOICE AUTO AUCTION, LLC

Borrower Address

18310 Woodscale Road

Borrower City

HAMMOND

Borrower State

LA

Borrower Zip

70401-7800

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

23

SBA Guaranty Percentage

100

Initial Approval Amount

713229.76

Current Approval Amount

713229.76

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAMMOND

Project County Name

TANGIPAHOA

Project State

LA

Project Zip

70401-7800

CD

LA-05

Jobs Reported

67

NAICS Code

425120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

713229.76

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

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

721313.03

Forgiveness Date

06/09/2021

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