PPP Loan information for Foundation drill shafts inc

$325,130

Foundation drill shafts inc was initially approved for PPP Loan of amount $325,130, the current approved amount is $325,130. The loan was approved on 02/13/2021 by The Merchants & Farmers Bank & Trust Company reported 21 jobs and $325,130 was used to fund payroll.

Foundation drill shafts inc is Existing or more than 2 years old

FOUNDATION DRILL SHAFTS INC

Date Approved

02/13/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

FOUNDATION DRILL SHAFTS INC

Borrower Address

1241 Goodrich Rd

Borrower City

Sulphur

Borrower State

LA

Borrower Zip

70665-8564

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

325130.00

Current Approval Amount

325130.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28364

Servicing Lender Name

Merchants & Farmers Bank & Trust Company

Servicing Lender Address

501 S Fifth St

Servicing Lender City

LEESVILLE

Servicing Lender State

LA

Servicing Lender Zip

71446-4435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sulphur

Project County Name

CALCASIEU

Project State

LA

Project Zip

70665-8564

CD

LA-03

Jobs Reported

21

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

325128.00

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

Corporation

Originating Lender Location Id

28364

Originating Lender

Merchants & Farmers Bank & Trust Company

Originating Lender City

LEESVILLE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

327785.23

Forgiveness Date

12/14/2021

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