PPP Loan information for The salvage store, inc.

$374,700

The salvage store, inc. was initially approved for PPP Loan of amount $374,700, the current approved amount is $374,700. The loan was approved on 04/15/2020 by The Gulf Coast Bank and Trust Company reported 90 jobs and $374,700 was used to fund payroll.

The salvage store, inc. is Existing or more than 2 years old

THE SALVAGE STORE, INC.

Date Approved

04/15/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

THE SALVAGE STORE, INC.

Borrower Address

209 Industrial Parkway Drive

Borrower City

BOGALUSA

Borrower State

LA

Borrower Zip

70427

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

374700.00

Current Approval Amount

374700.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOGALUSA

Project County Name

WASHINGTON

Project State

LA

Project Zip

70427-0001

CD

LA-05

Jobs Reported

90

NAICS Code

445110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

93675.00

Payroll Proceed

281025.00

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

Subchapter S 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

380476.62

Forgiveness Date

11/04/2021

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