PPP Loan information for Blasting & painting equipment co. inc.

$49,842

Blasting & painting equipment co. inc. was initially approved for PPP Loan of amount $49,842, the current approved amount is $49,842. The loan was approved on 01/29/2021 by The M C Bank & Trust Co. reported 3 jobs and $49,842 was used to fund payroll.

Blasting & painting equipment co. inc. is Existing or more than 2 years old

BLASTING & PAINTING EQUIPMENT CO. INC.

Date Approved

01/29/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

BLASTING & PAINTING EQUIPMENT CO. INC.

Borrower Address

2949 Railroad Ave

Borrower City

Morgan City

Borrower State

LA

Borrower Zip

70380-2304

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49842.00

Current Approval Amount

49842.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28707

Servicing Lender Name

M C Bank & Trust Co.

Servicing Lender Address

1201 Brashear Ave

Servicing Lender City

MORGAN CITY

Servicing Lender State

LA

Servicing Lender Zip

70380-1361

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Morgan City

Project County Name

SAINT MARY

Project State

LA

Project Zip

70380-2304

CD

LA-03

Jobs Reported

3

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

49841.00

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

28707

Originating Lender

M C Bank & Trust Co.

Originating Lender City

MORGAN CITY

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50276.73

Forgiveness Date

12/15/2021

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