PPP Loan information for Arsement, redd & morella, llc

$702,600

Arsement, redd & morella, llc was initially approved for PPP Loan of amount $702,600, the current approved amount is $702,600. The loan was approved on 04/14/2020 by The Bank of Sunset & Trust Company reported 40 jobs and $702,600 was used to fund payroll.

Arsement, redd & morella, llc is Existing or more than 2 years old

ARSEMENT, REDD & MORELLA, LLC

Date Approved

04/14/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ARSEMENT, REDD & MORELLA, LLC

Borrower Address

701 ROBLEY DR STE 200

Borrower City

LAFAYETTE

Borrower State

LA

Borrower Zip

70503-5200

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

702600.00

Current Approval Amount

702600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29313

Servicing Lender Name

Bank of Sunset & Trust Company

Servicing Lender Address

863 Napoleon Ave

Servicing Lender City

SUNSET

Servicing Lender State

LA

Servicing Lender Zip

70584-6118

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAFAYETTE

Project County Name

LAFAYETTE

Project State

LA

Project Zip

70503-5200

CD

LA-03

Jobs Reported

40

NAICS Code

541211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

702600.00

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

Partnership

Originating Lender Location Id

29313

Originating Lender

Bank of Sunset & Trust Company

Originating Lender City

SUNSET

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

707069.32

Forgiveness Date

12/08/2020

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