PPP Loan information for Eastern contructors inc

$2,000,000

Eastern contructors inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/23/2021 by The United Community Bank reported 128 jobs and $2,000,000 was used to fund payroll.

Eastern contructors inc is Existing or more than 2 years old

EASTERN CONTRUCTORS INC

Date Approved

01/23/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

EASTERN CONTRUCTORS INC

Borrower Address

38004 Cornerview Rd

Borrower City

Geismar

Borrower State

LA

Borrower Zip

70734-3241

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29249

Servicing Lender Name

United Community Bank

Servicing Lender Address

4626 Hwy 1

Servicing Lender City

RACELAND

Servicing Lender State

LA

Servicing Lender Zip

70394-2623

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Geismar

Project County Name

ASCENSION

Project State

LA

Project Zip

70734-3241

CD

LA-06

Jobs Reported

128

NAICS Code

238120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

Subchapter S Corporation

Originating Lender Location Id

29249

Originating Lender

United Community Bank

Originating Lender City

RACELAND

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2009722.22

Forgiveness Date

07/21/2021

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