PPP Loan information for Planet beach franchising corp.

$383,000

Planet beach franchising corp. was initially approved for PPP Loan of amount $383,000, the current approved amount is $383,000. The loan was approved on 04/16/2020 by The Paragon Bank reported 32 jobs and $383,000 was used to fund payroll.

Planet beach franchising corp. is Existing or more than 2 years old

PPP Loan Search / LA / MARRERO / Planet beach franchising corp.

PLANET BEACH FRANCHISING CORP.

Date Approved

04/16/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

PLANET BEACH FRANCHISING CORP.

Borrower Address

5145 TARAVELLA RD

Borrower City

MARRERO

Borrower State

LA

Borrower Zip

70072-4242

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

383000.00

Current Approval Amount

383000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

433171

Servicing Lender Name

Paragon Bank

Servicing Lender Address

5400 Poplar Ave

Servicing Lender City

Memphis

Servicing Lender State

TN

Servicing Lender Zip

38119

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MARRERO

Project County Name

JEFFERSON

Project State

LA

Project Zip

70072-4242

CD

LA-02

Jobs Reported

32

NAICS Code

812199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

383000.00

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

433171

Originating Lender

Paragon Bank

Originating Lender City

Memphis

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

387989.64

Forgiveness Date

08/05/2021

;