PPP Loan information for Advanced corrosion technologies & training, llc

$3,771,107

Advanced corrosion technologies & training, llc was initially approved for PPP Loan of amount $3,771,107, the current approved amount is $3,771,107. The loan was approved on 04/10/2020 by The First National Bank in DeRidder reported 160 jobs and $3,771,107 was used to fund payroll.

Advanced corrosion technologies & training, llc is Existing or more than 2 years old

ADVANCED CORROSION TECHNOLOGIES & TRAINING, LLC

Date Approved

04/10/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ADVANCED CORROSION TECHNOLOGIES & TRAINING, LLC

Borrower Address

75 center Circle

Borrower City

Sulphur

Borrower State

LA

Borrower Zip

70663

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3771107.00

Current Approval Amount

3771107.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28221

Servicing Lender Name

First National Bank in DeRidder

Servicing Lender Address

131 N Washington

Servicing Lender City

DERIDDER

Servicing Lender State

LA

Servicing Lender Zip

70634-4057

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sulphur

Project County Name

CALCASIEU

Project State

LA

Project Zip

70663-0001

CD

LA-03

Jobs Reported

160

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

3771107.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

28221

Originating Lender

First National Bank in DeRidder

Originating Lender City

DERIDDER

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3815312.75

Forgiveness Date

06/11/2021

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