PPP Loan information for Borrel engineering, llc

$45,638

Borrel engineering, llc was initially approved for PPP Loan of amount $45,638, the current approved amount is $45,638. The loan was approved on 05/08/2020 by The The Cottonport Bank reported 9 jobs and $45,638 was used to fund payroll.

Borrel engineering, llc is Existing or more than 2 years old

BORREL ENGINEERING, LLC

Date Approved

05/08/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

BORREL ENGINEERING, LLC

Borrower Address

313 N MONROE ST

Borrower City

MARKSVILLE

Borrower State

LA

Borrower Zip

71351-2369

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45637.50

Current Approval Amount

45637.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28177

Servicing Lender Name

The Cottonport Bank

Servicing Lender Address

153 Cottonport Ave

Servicing Lender City

COTTONPORT

Servicing Lender State

LA

Servicing Lender Zip

71327-3701

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MARKSVILLE

Project County Name

AVOYELLES

Project State

LA

Project Zip

71351-2369

CD

LA-05

Jobs Reported

9

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2281.70

Payroll Proceed

38791.82

Mortgage Interest Proceed

2281.99

Rent Proceed

2281.99

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

28177

Originating Lender

The Cottonport Bank

Originating Lender City

COTTONPORT

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

36834.24

Forgiveness Date

11/25/2020

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