PPP Loan information for Allen's electric motor service inc.

$916,450

Allen's electric motor service inc. was initially approved for PPP Loan of amount $916,450, the current approved amount is $916,450. The loan was approved on 01/21/2021 by The Home Federal Bank reported 62 jobs and $916,450 was used to fund payroll.

Allen's electric motor service inc. is Existing or more than 2 years old

PPP Loan Search / LA / Vivian / Allen's electric motor service inc.

ALLEN'S ELECTRIC MOTOR SERVICE INC.

Date Approved

01/21/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

ALLEN'S ELECTRIC MOTOR SERVICE INC.

Borrower Address

400 Roy Hoppy Hopkins Dr

Borrower City

Vivian

Borrower State

LA

Borrower Zip

71082-9210

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

916450.00

Current Approval Amount

916450.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77438

Servicing Lender Name

Home Federal Bank

Servicing Lender Address

222 Florida St

Servicing Lender City

SHREVEPORT

Servicing Lender State

LA

Servicing Lender Zip

71105-4622

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Vivian

Project County Name

CADDO

Project State

LA

Project Zip

71082-9210

CD

LA-04

Jobs Reported

62

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

916447.00

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

Subchapter S Corporation

Originating Lender Location Id

77438

Originating Lender

Home Federal Bank

Originating Lender City

SHREVEPORT

Originating Lender State

LA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

921363.19

Forgiveness Date

08/09/2021

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