PPP Loan information for Buras oilfield services, llc

$450,000

Buras oilfield services, llc was initially approved for PPP Loan of amount $450,000, the current approved amount is $450,000. The loan was approved on 05/01/2020 by The Regions Bank reported 25 jobs and $450,000 was used to fund payroll.

Buras oilfield services, llc is Existing or more than 2 years old

PPP Loan Search / LA / BURAS / Buras oilfield services, llc

BURAS OILFIELD SERVICES, LLC

Date Approved

05/01/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

BURAS OILFIELD SERVICES, LLC

Borrower Address

30975 HWY 11

Borrower City

BURAS

Borrower State

LA

Borrower Zip

70041

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

450000.00

Current Approval Amount

450000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BURAS

Project County Name

PLAQUEMINES

Project State

LA

Project Zip

70041-0001

CD

LA-01

Jobs Reported

25

NAICS Code

562910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

450000.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

453464.38

Forgiveness Date

02/10/2021

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