PPP Loan information for St mary sugar cooperative inc

$1,422,812

St mary sugar cooperative inc was initially approved for PPP Loan of amount $1,422,812, the current approved amount is $1,422,812. The loan was approved on 04/07/2020 by The The First National Bank of Jeanerette reported 102 jobs and $1,422,812 was used to fund payroll.

St mary sugar cooperative inc is Existing or more than 2 years old

PPP Loan Search / LA / JEANERETTE / St mary sugar cooperative inc

ST MARY SUGAR COOPERATIVE INC

Date Approved

04/07/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ST MARY SUGAR COOPERATIVE INC

Borrower Address

20056 HIGHWAY 182 W

Borrower City

JEANERETTE

Borrower State

LA

Borrower Zip

70544-8532

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1422812.00

Current Approval Amount

1422812.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28299

Servicing Lender Name

The First National Bank of Jeanerette

Servicing Lender Address

1331 Main St

Servicing Lender City

JEANERETTE

Servicing Lender State

LA

Servicing Lender Zip

70544-3640

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JEANERETTE

Project County Name

SAINT MARY

Project State

LA

Project Zip

70544-8532

CD

LA-03

Jobs Reported

102

NAICS Code

311314

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

65000.00

Payroll Proceed

683000.00

Mortgage Interest Proceed

92000.00

Rent Proceed

326812.00

Refinance EIDL Proceed

0.00

Health Care Proceed

162000.00

Debt Interest Proceed

94000

Business Type

Cooperative

Originating Lender Location Id

28299

Originating Lender

The First National Bank of Jeanerette

Originating Lender City

JEANERETTE

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1430756.03

Forgiveness Date

11/05/2020

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