PPP Loan information for Multi-care, inc.

$844,300

Multi-care, inc. was initially approved for PPP Loan of amount $844,300, the current approved amount is $844,300. The loan was approved on 04/08/2020 by The b1BANK reported 155 jobs and $844,300 was used to fund payroll.

Multi-care, inc. is Existing or more than 2 years old

MULTI-CARE, INC.

Date Approved

04/08/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MULTI-CARE, INC.

Borrower Address

200 AVENUE C

Borrower City

LAKE CHARLES

Borrower State

LA

Borrower Zip

70615-6816

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

844300.00

Current Approval Amount

844300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437878

Servicing Lender Name

b1BANK

Servicing Lender Address

500 Laurel St, Ste 101

Servicing Lender City

BATON ROUGE

Servicing Lender State

LA

Servicing Lender Zip

70801-1811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAKE CHARLES

Project County Name

CALCASIEU

Project State

LA

Project Zip

70615-6816

CD

LA-03

Jobs Reported

155

NAICS Code

623220

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

844300.00

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

Subchapter S Corporation

Originating Lender Location Id

437878

Originating Lender

b1BANK

Originating Lender City

BATON ROUGE

Originating Lender State

LA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

852508.47

Forgiveness Date

03/31/2021

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