PPP Loan information for Industrial packaging corp.

$126,400

Industrial packaging corp. was initially approved for PPP Loan of amount $126,400, the current approved amount is $126,400. The loan was approved on 04/28/2020 by The Gibsland Bank & Trust Company reported 20 jobs and $126,400 was used to fund payroll.

Industrial packaging corp. is Existing or more than 2 years old

INDUSTRIAL PACKAGING CORP.

Date Approved

04/28/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

INDUSTRIAL PACKAGING CORP.

Borrower Address

25510 HIGHWAY 2

Borrower City

HOMER

Borrower State

LA

Borrower Zip

71040-2076

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

126400.00

Current Approval Amount

126400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28240

Servicing Lender Name

Gibsland Bank & Trust Company

Servicing Lender Address

1246 S 3rd St

Servicing Lender City

GIBSLAND

Servicing Lender State

LA

Servicing Lender Zip

71028-4301

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOMER

Project County Name

CLAIBORNE

Project State

LA

Project Zip

71040-2076

CD

LA-04

Jobs Reported

20

NAICS Code

561910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

31600.00

Payroll Proceed

94800.00

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

28240

Originating Lender

Gibsland Bank & Trust Company

Originating Lender City

GIBSLAND

Originating Lender State

LA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

127051.05

Forgiveness Date

11/03/2020

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