PPP Loan information for Motor parts service of ruston inc.

$127,520

Motor parts service of ruston inc. was initially approved for PPP Loan of amount $127,520, the current approved amount is $127,520. The loan was approved on 04/09/2020 by The Century Next Bank reported 28 jobs and $127,520 was used to fund payroll.

Motor parts service of ruston inc. is Existing or more than 2 years old

MOTOR PARTS SERVICE OF RUSTON INC.

Date Approved

04/09/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MOTOR PARTS SERVICE OF RUSTON INC.

Borrower Address

707 E GEORGIA AVE

Borrower City

RUSTON

Borrower State

LA

Borrower Zip

71270

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

127520.00

Current Approval Amount

127520.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82860

Servicing Lender Name

Century Next Bank

Servicing Lender Address

505 N Vienna St

Servicing Lender City

RUSTON

Servicing Lender State

LA

Servicing Lender Zip

71270-3813

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RUSTON

Project County Name

LINCOLN

Project State

LA

Project Zip

71270-0100

CD

LA-05

Jobs Reported

28

NAICS Code

441310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

127520.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

82860

Originating Lender

Century Next Bank

Originating Lender City

RUSTON

Originating Lender State

LA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

128690.00

Forgiveness Date

03/17/2021

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