Date Approved
04/28/2020
SBA Office Code
0679
Processing Method
PPP
Borrower Name
CAJUN POWER INDUSTRIAL SERVICES
Borrower Address
217 OLD FARM RD
Borrower City
BROUSSARD
Borrower State
LA
Borrower Zip
70518-4223
Loan Status Date
01/15/2022
Loan Status
Charged Off
Term
3
SBA Guaranty Percentage
100
Initial Approval Amount
724995.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
123984
Servicing Lender Name
Community First Bank
Servicing Lender Address
1101 E Admiral Doyle Dr
Servicing Lender City
NEW IBERIA
Servicing Lender State
Servicing Lender Zip
70560-6300
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
LAFAYETTE
Project State
Project Zip
CD
LA-03
Jobs Reported
40
NAICS Code
811310
Race
Ethnicity
Not Hispanic or Latino
Utilities Proceed
13000.00
Payroll Proceed
687995.00
Mortgage Interest Proceed
3500.00
Rent Proceed
12500.00
Refinance EIDL Proceed
Health Care Proceed
8000.00
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
262378.62
Forgiveness Date
10/04/2021