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 04/07/2020 by The Home Federal Bank reported 65 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

04/07/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ALLEN'S ELECTRIC MOTOR SERVICE, INC.

Borrower Address

400 ROY HOPPY HOPKINS DR

Borrower City

VIVIAN

Borrower State

LA

Borrower Zip

71082-9209

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

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

71082-9209

CD

LA-04

Jobs Reported

65

NAICS Code

333249

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

916450.00

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

921668.67

Forgiveness Date

11/05/2020

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