PPP Loan information for Classic business products inc

$462,688

Classic business products inc was initially approved for PPP Loan of amount $462,688, the current approved amount is $462,688. The loan was approved on 01/29/2021 by The Patterson State Bank reported 26 jobs and $462,688 was used to fund payroll.

Classic business products inc is Existing or more than 2 years old

CLASSIC BUSINESS PRODUCTS INC

Date Approved

01/29/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

CLASSIC BUSINESS PRODUCTS INC

Borrower Address

7828 Highway 182 E

Borrower City

Morgan City

Borrower State

LA

Borrower Zip

70380-2464

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

462687.50

Current Approval Amount

462687.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29210

Servicing Lender Name

Patterson State Bank

Servicing Lender Address

1130 Hwy 90 W

Servicing Lender City

PATTERSON

Servicing Lender State

LA

Servicing Lender Zip

70392-4541

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

70380-2464

CD

LA-03

Jobs Reported

26

NAICS Code

532420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

462681.50

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

29210

Originating Lender

Patterson State Bank

Originating Lender City

PATTERSON

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

466401.85

Forgiveness Date

11/22/2021

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