PPP Loan information for American recovery llc

$298,092

American recovery llc was initially approved for PPP Loan of amount $298,092, the current approved amount is $298,092. The loan was approved on 04/09/2020 by The b1BANK reported 22 jobs and $298,092 was used to fund payroll.

American recovery llc is Existing or more than 2 years old

AMERICAN RECOVERY LLC

Date Approved

04/09/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

AMERICAN RECOVERY LLC

Borrower Address

2296 Denley Road

Borrower City

HOUMA

Borrower State

LA

Borrower Zip

70363-7334

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

298092.00

Current Approval Amount

298092.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437878

Servicing Lender Name

b1BANK

Servicing Lender Address

500 Laurel St, Ste 101

Servicing Lender City

BATON ROUGE

Servicing Lender State

LA

Servicing Lender Zip

70801-1811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOUMA

Project County Name

TERREBONNE

Project State

LA

Project Zip

70363-7334

CD

LA-01

Jobs Reported

22

NAICS Code

488310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

21092.00

Payroll Proceed

263000.00

Mortgage Interest Proceed

0.00

Rent Proceed

14000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

437878

Originating Lender

b1BANK

Originating Lender City

BATON ROUGE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

300468.46

Forgiveness Date

02/01/2021

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