PPP Loan information for The velvet cactus, llc

$401,000

The velvet cactus, llc was initially approved for PPP Loan of amount $401,000, the current approved amount is $401,000. The loan was approved on 04/15/2020 by The Hancock Whitney Bank reported 65 jobs and $401,000 was used to fund payroll.

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

PPP Loan Search / LA / NEW ORLEANS / The velvet cactus, llc

THE VELVET CACTUS, LLC

Date Approved

04/15/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

THE VELVET CACTUS, LLC

Borrower Address

5930 ARGONNE BLVD

Borrower City

NEW ORLEANS

Borrower State

LA

Borrower Zip

70124-3722

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

401000.00

Current Approval Amount

401000.00

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

65

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

401000.00

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

406547.17

Forgiveness Date

09/07/2021

;