PPP Loan information for Ray morvant insurance agency inc

$42,250

Ray morvant insurance agency inc was initially approved for PPP Loan of amount $39,500, the current approved amount is $42,250. The loan was approved on 04/11/2020 by The Gulf Coast Bank reported 4 jobs and $42,250 was used to fund payroll.

Ray morvant insurance agency inc is Existing or more than 2 years old

RAY MORVANT INSURANCE AGENCY INC

Date Approved

04/11/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

RAY MORVANT INSURANCE AGENCY INC

Borrower Address

302 E VETERANS MEML DR

Borrower City

KAPLAN

Borrower State

LA

Borrower Zip

70548-5009

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39500.00

Current Approval Amount

42250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28002

Servicing Lender Name

Gulf Coast Bank

Servicing Lender Address

221 S State St

Servicing Lender City

ABBEVILLE

Servicing Lender State

LA

Servicing Lender Zip

70510-5917

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KAPLAN

Project County Name

VERMILION

Project State

LA

Project Zip

70548-5009

CD

LA-03

Jobs Reported

4

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42250.00

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

28002

Originating Lender

Gulf Coast Bank

Originating Lender City

ABBEVILLE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42694.49

Forgiveness Date

05/13/2021

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