PPP Loan information for Resolution, inc.

$422,700

Resolution, inc. was initially approved for PPP Loan of amount $422,700, the current approved amount is $422,700. The loan was approved on 04/12/2020 by The Gulf Coast Bank and Trust Company reported 27 jobs and $422,700 was used to fund payroll.

Resolution, inc. is Existing or more than 2 years old

PPP Loan Search / LA / NEW ORLEANS / Resolution, inc.

RESOLUTION, INC.

Date Approved

04/12/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

RESOLUTION, INC.

Borrower Address

5620 Tchoupitoulas St.

Borrower City

NEW ORLEANS

Borrower State

LA

Borrower Zip

70115-2024

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

422700.00

Current Approval Amount

422700.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

NEW ORLEANS

Project County Name

ORLEANS

Project State

LA

Project Zip

70115-2024

CD

LA-02

Jobs Reported

27

NAICS Code

488510

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

105675.00

Payroll Proceed

317025.00

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

116770

Originating Lender

Gulf Coast Bank and Trust Company

Originating Lender City

NEW ORLEANS

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

427044.42

Forgiveness Date

04/29/2021

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