PPP Loan information for Mtp drivetrain services, llc

$571,089

Mtp drivetrain services, llc was initially approved for PPP Loan of amount $571,089, the current approved amount is $571,089. The loan was approved on 04/09/2020 by The Origin Bank reported 57 jobs and $571,089 was used to fund payroll.

Mtp drivetrain services, llc is Existing or more than 2 years old

PPP Loan Search / LA / MONROE / Mtp drivetrain services, llc

MTP DRIVETRAIN SERVICES, LLC

Date Approved

04/09/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MTP DRIVETRAIN SERVICES, LLC

Borrower Address

700 LOUISVILLE AVE

Borrower City

MONROE

Borrower State

LA

Borrower Zip

71201-5928

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

571089.00

Current Approval Amount

571089.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28153

Servicing Lender Name

Origin Bank

Servicing Lender Address

3921 Elm St

Servicing Lender City

CHOUDRANT

Servicing Lender State

LA

Servicing Lender Zip

71227-3082

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MONROE

Project County Name

OUACHITA

Project State

LA

Project Zip

71201-5928

CD

LA-05

Jobs Reported

57

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8000.00

Payroll Proceed

440089.00

Mortgage Interest Proceed

8000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

115000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

577212.34

Forgiveness Date

05/10/2021

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