PPP Loan information for Danny's used cars

$12,092

Danny's used cars was initially approved for PPP Loan of amount $12,092, the current approved amount is $12,092. The loan was approved on 05/12/2020 by The Cadence Bank reported 1 jobs and $12,092 was used to fund payroll.

Danny's used cars is New Business or 2 years or less

DANNY'S USED CARS

Date Approved

05/12/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

DANNY'S USED CARS

Borrower Address

803 WASHINGTON STREET

Borrower City

WEST MONROE

Borrower State

LA

Borrower Zip

71292

Loan Status Date

01/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12092.00

Current Approval Amount

12092.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

WEST MONROE

Project County Name

OUACHITA

Project State

LA

Project Zip

71292-0100

CD

LA-05

Jobs Reported

1

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

12092.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12159.85

Forgiveness Date

12/03/2020

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