PPP Loan information for Melancon farms

$61,500

Melancon farms was initially approved for PPP Loan of amount $61,500, the current approved amount is $61,500. The loan was approved on 04/11/2020 by The Hancock Whitney Bank reported 9 jobs and $61,500 was used to fund payroll.

Melancon farms is Existing or more than 2 years old

MELANCON FARMS

Date Approved

04/11/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MELANCON FARMS

Borrower Address

1003 MARTHA HEBERT RD

Borrower City

BREAUX BRIDGE

Borrower State

LA

Borrower Zip

70517-7713

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61500.00

Current Approval Amount

61500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BREAUX BRIDGE

Project County Name

SAINT MARTIN

Project State

LA

Project Zip

70517-7713

CD

LA-03

Jobs Reported

9

NAICS Code

111930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7120.00

Payroll Proceed

48444.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5936.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62056.92

Forgiveness Date

03/17/2021

;