PPP Loan information for The velvet cactus baton rouge llc

$378,560

The velvet cactus baton rouge llc was initially approved for PPP Loan of amount $378,560, the current approved amount is $378,560. The loan was approved on 01/20/2021 by The Hancock Whitney Bank reported 46 jobs and $378,560 was used to fund payroll.

The velvet cactus baton rouge llc is Existing or more than 2 years old

THE VELVET CACTUS BATON ROUGE LLC

Date Approved

01/20/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

THE VELVET CACTUS BATON ROUGE LLC

Borrower Address

5904 Argonne Blvd

Borrower City

New Orleans

Borrower State

LA

Borrower Zip

70124-3722

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

378560.00

Current Approval Amount

378560.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Orleans

Project County Name

ORLEANS

Project State

LA

Project Zip

70124-3722

CD

LA-01

Jobs Reported

46

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

378556.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

383481.28

Forgiveness Date

05/10/2022

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