PPP Loan information for Rabalais small engines inc

$88,500

Rabalais small engines inc was initially approved for PPP Loan of amount $88,500, the current approved amount is $88,500. The loan was approved on 04/08/2020 by The Red River Bank reported 14 jobs and $88,500 was used to fund payroll.

Rabalais small engines inc is Existing or more than 2 years old

RABALAIS SMALL ENGINES INC

Date Approved

04/08/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

RABALAIS SMALL ENGINES INC

Borrower Address

220 WINDERMERE BLVD

Borrower City

ALEXANDRIA

Borrower State

LA

Borrower Zip

71303-3537

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88500.00

Current Approval Amount

88500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123420

Servicing Lender Name

Red River Bank

Servicing Lender Address

1412 Centre Court Dr, Ste 101

Servicing Lender City

ALEXANDRIA

Servicing Lender State

LA

Servicing Lender Zip

71301-3441

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALEXANDRIA

Project County Name

RAPIDES

Project State

LA

Project Zip

71303-3537

CD

LA-05

Jobs Reported

14

NAICS Code

444210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

88500.00

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

123420

Originating Lender

Red River Bank

Originating Lender City

ALEXANDRIA

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

89048.21

Forgiveness Date

11/25/2020

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