PPP Loan information for Loadmaster derrick & equipment inc

$1,388,622

Loadmaster derrick & equipment inc was initially approved for PPP Loan of amount $1,388,622, the current approved amount is $1,388,622. The loan was approved on 02/04/2021 by The First Horizon Bank reported 111 jobs and $1,388,622 was used to fund payroll.

Loadmaster derrick & equipment inc is Existing or more than 2 years old

LOADMASTER DERRICK & EQUIPMENT INC

Date Approved

02/04/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

LOADMASTER DERRICK & EQUIPMENT INC

Borrower Address

1084 CRUSE AVE

Borrower City

BROUSSARD

Borrower State

LA

Borrower Zip

70518

Loan Status Date

09/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1388622.00

Current Approval Amount

1388622.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROUSSARD

Project County Name

SAINT MARTIN

Project State

LA

Project Zip

70518

CD

LA-03

Jobs Reported

111

NAICS Code

333132

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1388617.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1409759.91

Forgiveness Date

08/22/2022

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