PPP Loan information for American legion post 387

$14,947

American legion post 387 was initially approved for PPP Loan of amount $14,947, the current approved amount is $14,947. The loan was approved on 04/29/2020 by The Merchants & Farmers Bank & Trust Company reported 7 jobs and $14,947 was used to fund payroll.

American legion post 387 is Existing or more than 2 years old

AMERICAN LEGION POST 387

Date Approved

04/29/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

AMERICAN LEGION POST 387

Borrower Address

500 Vernon St

Borrower City

NEW LLANO

Borrower State

LA

Borrower Zip

71461

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14947.00

Current Approval Amount

14947.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28364

Servicing Lender Name

Merchants & Farmers Bank & Trust Company

Servicing Lender Address

501 S Fifth St

Servicing Lender City

LEESVILLE

Servicing Lender State

LA

Servicing Lender Zip

71446-4435

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW LLANO

Project County Name

VERNON

Project State

LA

Project Zip

71461-0001

CD

LA-04

Jobs Reported

7

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2990.00

Payroll Proceed

11957.00

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

Non-Profit Organization

Originating Lender Location Id

28364

Originating Lender

Merchants & Farmers Bank & Trust Company

Originating Lender City

LEESVILLE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

15015.92

Forgiveness Date

10/14/2020

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