PPP Loan information for Northeast louisiana utilities inc

$569,690

Northeast louisiana utilities inc was initially approved for PPP Loan of amount $569,690, the current approved amount is $569,690. The loan was approved on 01/22/2021 by The Regions Bank reported 57 jobs and $569,690 was used to fund payroll.

Northeast louisiana utilities inc is Existing or more than 2 years old

NORTHEAST LOUISIANA UTILITIES INC

Date Approved

01/22/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

NORTHEAST LOUISIANA UTILITIES INC

Borrower Address

401 Thomas Rd Ste 5

Borrower City

West Monroe

Borrower State

LA

Borrower Zip

71292-7903

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

569690.00

Current Approval Amount

569690.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

West Monroe

Project County Name

OUACHITA

Project State

LA

Project Zip

71292-7903

CD

LA-05

Jobs Reported

57

NAICS Code

221310

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

569688.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

577103.77

Forgiveness Date

05/18/2022

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