PPP Loan information for The source group

$186,898

The source group was initially approved for PPP Loan of amount $186,898, the current approved amount is $186,898. The loan was approved on 04/27/2020 by The United Community Bank reported 21 jobs and $186,898 was used to fund payroll.

The source group is Existing or more than 2 years old

PPP Loan Search / LA / THIBODAUX / The source group

THE SOURCE GROUP

Date Approved

04/27/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

THE SOURCE GROUP

Borrower Address

404 N CANAL BLVD

Borrower City

THIBODAUX

Borrower State

LA

Borrower Zip

70301-2973

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

186897.50

Current Approval Amount

186897.50

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

THIBODAUX

Project County Name

LAFOURCHE

Project State

LA

Project Zip

70301-2973

CD

LA-06

Jobs Reported

21

NAICS Code

541219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

186897.50

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

29249

Originating Lender

United Community Bank

Originating Lender City

RACELAND

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

177811.47

Forgiveness Date

11/03/2020

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