PPP Loan information for Ouachita electric service, inc.

$253,820

Ouachita electric service, inc. was initially approved for PPP Loan of amount $253,820, the current approved amount is $253,820. The loan was approved on 04/13/2020 by The Progressive Bank reported 23 jobs and $253,820 was used to fund payroll.

Ouachita electric service, inc. is Existing or more than 2 years old

PPP Loan Search / LA / WEST MONROE / Ouachita electric service, inc.

OUACHITA ELECTRIC SERVICE, INC.

Date Approved

04/13/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

OUACHITA ELECTRIC SERVICE, INC.

Borrower Address

122 WASSAN ST

Borrower City

WEST MONROE

Borrower State

LA

Borrower Zip

71292-8019

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

253820.00

Current Approval Amount

253820.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29371

Servicing Lender Name

Progressive Bank

Servicing Lender Address

1411 N 19th St

Servicing Lender City

MONROE

Servicing Lender State

LA

Servicing Lender Zip

71201-4939

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

71292-8019

CD

LA-05

Jobs Reported

23

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

253820.00

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

29371

Originating Lender

Progressive Bank

Originating Lender City

MONROE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

255631.99

Forgiveness Date

12/31/2020

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