PPP Loan information for Volute, inc

$340,177

Volute, inc was initially approved for PPP Loan of amount $340,177, the current approved amount is $340,177. The loan was approved on 04/07/2020 by The b1BANK reported 30 jobs and $340,177 was used to fund payroll.

Volute, inc is Existing or more than 2 years old

VOLUTE, INC

Date Approved

04/07/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

VOLUTE, INC

Borrower Address

VENTURE BLVD

Borrower City

HOUMA

Borrower State

LA

Borrower Zip

70360-7900

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

340177.00

Current Approval Amount

340177.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437878

Servicing Lender Name

b1BANK

Servicing Lender Address

500 Laurel St, Ste 101

Servicing Lender City

BATON ROUGE

Servicing Lender State

LA

Servicing Lender Zip

70801-1811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOUMA

Project County Name

TERREBONNE

Project State

LA

Project Zip

70360-7900

CD

LA-06

Jobs Reported

30

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2622.00

Payroll Proceed

337555.00

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

Corporation

Originating Lender Location Id

437878

Originating Lender

b1BANK

Originating Lender City

BATON ROUGE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

342114.12

Forgiveness Date

11/05/2020

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