PPP Loan information for Rice belt distributors inc

$101,695

Rice belt distributors inc was initially approved for PPP Loan of amount $101,695, the current approved amount is $101,695. The loan was approved on 04/15/2021 by The Bank of Commerce & Trust Company reported 13 jobs and $101,695 was used to fund payroll.

Rice belt distributors inc is Existing or more than 2 years old

RICE BELT DISTRIBUTORS INC

Date Approved

04/15/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

RICE BELT DISTRIBUTORS INC

Borrower Address

1027 W 2nd St

Borrower City

Crowley

Borrower State

LA

Borrower Zip

70526-4807

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

101695.00

Current Approval Amount

101695.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28199

Servicing Lender Name

Bank of Commerce & Trust Company

Servicing Lender Address

326 N Ave 'G'

Servicing Lender City

CROWLEY

Servicing Lender State

LA

Servicing Lender Zip

70526

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Crowley

Project County Name

ACADIA

Project State

LA

Project Zip

70526-4807

CD

LA-03

Jobs Reported

13

NAICS Code

453998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

101693.00

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

28199

Originating Lender

Bank of Commerce & Trust Company

Originating Lender City

CROWLEY

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

102313.64

Forgiveness Date

11/26/2021

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