PPP Loan information for Musson-patout automotive group

$454,600

Musson-patout automotive group was initially approved for PPP Loan of amount $454,600, the current approved amount is $454,600. The loan was approved on 04/12/2020 by The Hancock Whitney Bank reported 38 jobs and $454,600 was used to fund payroll.

Musson-patout automotive group is Existing or more than 2 years old

MUSSON-PATOUT AUTOMOTIVE GROUP

Date Approved

04/12/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MUSSON-PATOUT AUTOMOTIVE GROUP

Borrower Address

214 W HIGHWAY 90

Borrower City

NEW IBERIA

Borrower State

LA

Borrower Zip

70560-9506

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

454600.00

Current Approval Amount

454600.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW IBERIA

Project County Name

IBERIA

Project State

LA

Project Zip

70560-9506

CD

LA-03

Jobs Reported

38

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

454600.00

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

Corporation

Originating Lender Location Id

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

459827.90

Forgiveness Date

06/03/2021

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