PPP Loan information for Storer equipment company ltd

$1,597,596

Storer equipment company ltd was initially approved for PPP Loan of amount $1,597,596, the current approved amount is $1,597,596. The loan was approved on 04/07/2020 by The Origin Bank reported 105 jobs and $1,597,596 was used to fund payroll.

Storer equipment company ltd is Existing or more than 2 years old

PPP Loan Search / LA / SHREVEPORT / Storer equipment company ltd

STORER EQUIPMENT COMPANY LTD

Date Approved

04/07/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

STORER EQUIPMENT COMPANY LTD

Borrower Address

504 West 67th Street

Borrower City

SHREVEPORT

Borrower State

LA

Borrower Zip

71106-3024

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1597596.00

Current Approval Amount

1597596.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28153

Servicing Lender Name

Origin Bank

Servicing Lender Address

3921 Elm St

Servicing Lender City

CHOUDRANT

Servicing Lender State

LA

Servicing Lender Zip

71227-3082

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SHREVEPORT

Project County Name

CADDO

Project State

LA

Project Zip

71106-3024

CD

LA-04

Jobs Reported

105

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

199699.50

Payroll Proceed

1198197.00

Mortgage Interest Proceed

0.00

Rent Proceed

199699.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1609932.99

Forgiveness Date

01/14/2021

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