Date Approved
05/29/2020
SBA Office Code
0679
Processing Method
PPP
Borrower Name
REGIONAL ELECTRIC & CONSTRUCTION, INC.
Borrower Address
123 19TH ST
Borrower City
LAROSE
Borrower State
LA
Borrower Zip
70373
Loan Status Date
03/18/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
24615.00
Current Approval Amount
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
Servicing Lender Zip
70801-1811
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LAFOURCHE
Project State
Project Zip
70373-0001
CD
LA-01
Jobs Reported
3
NAICS Code
238210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
24797.56
Forgiveness Date
02/25/2021