PPP Loan information for Red river arc

$26,150

Red river arc was initially approved for PPP Loan of amount $26,150, the current approved amount is $26,150. The loan was approved on 03/04/2021 by The Bank of Coushatta reported 4 jobs and $26,150 was used to fund payroll.

Red river arc is Existing or more than 2 years old

RED RIVER ARC

Date Approved

03/04/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

RED RIVER ARC

Borrower Address

6005 HWY 71

Borrower City

COUSHATTA

Borrower State

LA

Borrower Zip

71019

Loan Status Date

10/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

26150.00

Current Approval Amount

26150.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28191

Servicing Lender Name

Bank of Coushatta

Servicing Lender Address

1525 Ringgold Ave

Servicing Lender City

COUSHATTA

Servicing Lender State

LA

Servicing Lender Zip

71019-9082

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COUSHATTA

Project County Name

RED RIVER

Project State

LA

Project Zip

71019

CD

LA-04

Jobs Reported

4

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

26149.00

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

Non-Profit Organization

Originating Lender Location Id

28191

Originating Lender

Bank of Coushatta

Originating Lender City

COUSHATTA

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

26550.49

Forgiveness Date

09/21/2022

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