PPP Loan information for The arc of east ascension

$354,144

The arc of east ascension was initially approved for PPP Loan of amount $354,144, the current approved amount is $354,144. The loan was approved on 04/28/2021 by The United Community Bank reported 68 jobs and $354,144 was used to fund payroll.

The arc of east ascension is Existing or more than 2 years old

THE ARC OF EAST ASCENSION

Date Approved

04/28/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

THE ARC OF EAST ASCENSION

Borrower Address

1122 E Ascension Complex Blvd

Borrower City

Gonzales

Borrower State

LA

Borrower Zip

70737-4265

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

354144.22

Current Approval Amount

354144.22

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29249

Servicing Lender Name

United Community Bank

Servicing Lender Address

4626 Hwy 1

Servicing Lender City

RACELAND

Servicing Lender State

LA

Servicing Lender Zip

70394-2623

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gonzales

Project County Name

ASCENSION

Project State

LA

Project Zip

70737-4265

CD

LA-06

Jobs Reported

68

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

354143.22

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

Non-Profit Organization

Originating Lender Location Id

29249

Originating Lender

United Community Bank

Originating Lender City

RACELAND

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

356652.74

Forgiveness Date

01/11/2022

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