PPP Loan information for Operation spark

$340,375

Operation spark was initially approved for PPP Loan of amount $340,375, the current approved amount is $340,375. The loan was approved on 02/24/2021 by The Gulf Coast Bank and Trust Company reported 18 jobs and $340,375 was used to fund payroll.

Operation spark is Existing or more than 2 years old

OPERATION SPARK

Date Approved

02/24/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

OPERATION SPARK

Borrower Address

514 Franklin Ave

Borrower City

New Orleans

Borrower State

LA

Borrower Zip

70117-8624

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

340375.00

Current Approval Amount

340375.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116770

Servicing Lender Name

Gulf Coast Bank and Trust Company

Servicing Lender Address

200 St. Charles Ave

Servicing Lender City

NEW ORLEANS

Servicing Lender State

LA

Servicing Lender Zip

70130-2903

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Orleans

Project County Name

ORLEANS

Project State

LA

Project Zip

70117-8624

CD

LA-02

Jobs Reported

18

NAICS Code

611699

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

340373.00

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

Non-Profit Organization

Originating Lender Location Id

116770

Originating Lender

Gulf Coast Bank and Trust Company

Originating Lender City

NEW ORLEANS

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

342596.89

Forgiveness Date

01/18/2022

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