PPP Loan information for Marchand construction, inc

$295,177

Marchand construction, inc was initially approved for PPP Loan of amount $295,177, the current approved amount is $295,177. The loan was approved on 04/06/2020 by The b1BANK reported 24 jobs and $295,177 was used to fund payroll.

Marchand construction, inc is Existing or more than 2 years old

MARCHAND CONSTRUCTION, INC

Date Approved

04/06/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MARCHAND CONSTRUCTION, INC

Borrower Address

1718 LOBDELL HWY

Borrower City

PORT ALLEN

Borrower State

LA

Borrower Zip

70767-3601

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

295177.00

Current Approval Amount

295177.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437878

Servicing Lender Name

b1BANK

Servicing Lender Address

500 Laurel St, Ste 101

Servicing Lender City

BATON ROUGE

Servicing Lender State

LA

Servicing Lender Zip

70801-1811

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORT ALLEN

Project County Name

WEST BATON ROUGE

Project State

LA

Project Zip

70767-3601

CD

LA-06

Jobs Reported

24

NAICS Code

237990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

295177.00

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

Subchapter S Corporation

Originating Lender Location Id

437878

Originating Lender

b1BANK

Originating Lender City

BATON ROUGE

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

298027.71

Forgiveness Date

03/31/2021

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