PPP Loan information for Economical wholesale inc.

$152,539

Economical wholesale inc. was initially approved for PPP Loan of amount $152,539, the current approved amount is $152,539. The loan was approved on 04/07/2020 by The First American Bank & Trust reported 19 jobs and $152,539 was used to fund payroll.

Economical wholesale inc. is Existing or more than 2 years old

PPP Loan Search / LA / BELLE ROSE / Economical wholesale inc.

ECONOMICAL WHOLESALE INC.

Date Approved

04/07/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ECONOMICAL WHOLESALE INC.

Borrower Address

6721 Hwy 1

Borrower City

BELLE ROSE

Borrower State

LA

Borrower Zip

70341-9999

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

152539.22

Current Approval Amount

152539.22

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29326

Servicing Lender Name

First American Bank & Trust

Servicing Lender Address

2785 Hwy 20 W

Servicing Lender City

VACHERIE

Servicing Lender State

LA

Servicing Lender Zip

70090

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BELLE ROSE

Project County Name

ASSUMPTION

Project State

LA

Project Zip

70341-9999

CD

LA-02

Jobs Reported

19

NAICS Code

425120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7626.96

Payroll Proceed

122031.38

Mortgage Interest Proceed

15880.88

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

29326

Originating Lender

First American Bank & Trust

Originating Lender City

VACHERIE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

153865.46

Forgiveness Date

02/17/2021

;