PPP Loan information for Pel-state bulk plant llc

$1,120,000

Pel-state bulk plant llc was initially approved for PPP Loan of amount $1,120,000, the current approved amount is $1,120,000. The loan was approved on 01/28/2021 by The Loan Source Incorporated reported 32 jobs and $1,120,000 was used to fund payroll.

Pel-state bulk plant llc is Existing or more than 2 years old

PEL-STATE BULK PLANT LLC

Date Approved

01/28/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

PEL-STATE BULK PLANT LLC

Borrower Address

333 Texas St Ste 2121

Borrower City

Shreveport

Borrower State

LA

Borrower Zip

71101-3676

Loan Status Date

04/15/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1120000.00

Current Approval Amount

1120000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Shreveport

Project County Name

CADDO

Project State

LA

Project Zip

71101-3676

CD

LA-04

Jobs Reported

32

NAICS Code

424710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1119995.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1106388.35

Forgiveness Date

07/26/2022

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