PPP Loan information for Principal engineering, inc.

$292,000

Principal engineering, inc. was initially approved for PPP Loan of amount $292,000, the current approved amount is $292,000. The loan was approved on 04/14/2020 by The Gulf Coast Bank and Trust Company reported 24 jobs and $292,000 was used to fund payroll.

Principal engineering, inc. is Existing or more than 2 years old

PRINCIPAL ENGINEERING, INC.

Date Approved

04/14/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

PRINCIPAL ENGINEERING, INC.

Borrower Address

1011 N. Causway Blvd Ste 19

Borrower City

MANDEVILLE

Borrower State

LA

Borrower Zip

70471

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

292000.00

Current Approval Amount

292000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANDEVILLE

Project County Name

SAINT TAMMANY

Project State

LA

Project Zip

70471-0001

CD

LA-01

Jobs Reported

24

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

73000.00

Payroll Proceed

219000.00

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

116770

Originating Lender

Gulf Coast Bank and Trust Company

Originating Lender City

NEW ORLEANS

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

294920.00

Forgiveness Date

04/22/2021

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