PPP Loan information for Performance power sports llc

$406,600

Performance power sports llc was initially approved for PPP Loan of amount $406,600, the current approved amount is $406,600. The loan was approved on 04/04/2020 by The South Louisiana Bank reported 35 jobs and $406,600 was used to fund payroll.

Performance power sports llc is Existing or more than 2 years old

PERFORMANCE POWER SPORTS LLC

Date Approved

04/04/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

PERFORMANCE POWER SPORTS LLC

Borrower Address

1816 MARTIN LUTHER KING JR BLVD

Borrower City

HOUMA

Borrower State

LA

Borrower Zip

70360-2410

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

406600.00

Current Approval Amount

406600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28293

Servicing Lender Name

South Louisiana Bank

Servicing Lender Address

1362 W Tunnel Blvd

Servicing Lender City

HOUMA

Servicing Lender State

LA

Servicing Lender Zip

70360-2731

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOUMA

Project County Name

TERREBONNE

Project State

LA

Project Zip

70360-2410

CD

LA-06

Jobs Reported

35

NAICS Code

441228

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

330000.00

Mortgage Interest Proceed

26600.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

28293

Originating Lender

South Louisiana Bank

Originating Lender City

HOUMA

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

410281.99

Forgiveness Date

03/08/2021

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