PPP Loan information for Industrial packaging corporation

$126,480

Industrial packaging corporation was initially approved for PPP Loan of amount $126,480, the current approved amount is $126,480. The loan was approved on 02/18/2021 by The Gibsland Bank & Trust Company reported 16 jobs and $126,480 was used to fund payroll.

Industrial packaging corporation is Existing or more than 2 years old

INDUSTRIAL PACKAGING CORPORATION

Date Approved

02/18/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

INDUSTRIAL PACKAGING CORPORATION

Borrower Address

274 Wilder Dr

Borrower City

Homer

Borrower State

LA

Borrower Zip

71040

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

126480.03

Current Approval Amount

126480.03

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Homer

Project County Name

CLAIBORNE

Project State

LA

Project Zip

71040

CD

LA-04

Jobs Reported

16

NAICS Code

561910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

126476.03

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

Non-Veteran

Non Profit

Forgiveness Amount

127613.15

Forgiveness Date

01/12/2022

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