PPP Loan information for Resolution incorporated

$342,220

Resolution incorporated was initially approved for PPP Loan of amount $342,220, the current approved amount is $342,220. The loan was approved on 03/12/2021 by The Gulf Coast Bank and Trust Company reported 27 jobs and $342,220 was used to fund payroll.

Resolution incorporated is Existing or more than 2 years old

RESOLUTION INCORPORATED

Date Approved

03/12/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

RESOLUTION INCORPORATED

Borrower Address

5620 Tchoupitoulas St

Borrower City

New Orleans

Borrower State

LA

Borrower Zip

70115-2024

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

342220.00

Current Approval Amount

342220.00

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

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

1.00

Payroll Proceed

342218.00

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

343056.54

Forgiveness Date

07/07/2021

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