PPP Loan information for Balar associates inc

$193,390

Balar associates inc was initially approved for PPP Loan of amount $193,390, the current approved amount is $193,390. The loan was approved on 03/16/2021 by The Carter FCU reported 16 jobs and $193,390 was used to fund payroll.

Balar associates inc is Existing or more than 2 years old

BALAR ASSOCIATES INC

Date Approved

03/16/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

BALAR ASSOCIATES INC

Borrower Address

631 Milam St Ste 300

Borrower City

Shreveport

Borrower State

LA

Borrower Zip

71101-3534

Loan Status Date

07/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

193390.00

Current Approval Amount

193390.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

97605

Servicing Lender Name

Carter FCU

Servicing Lender Address

133 S Main St

Servicing Lender City

SPRINGHILL

Servicing Lender State

LA

Servicing Lender Zip

71075-3205

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Shreveport

Project County Name

CADDO

Project State

LA

Project Zip

71101-3534

CD

LA-04

Jobs Reported

16

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

193386.00

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

97605

Originating Lender

Carter FCU

Originating Lender City

SPRINGHILL

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

195753.07

Forgiveness Date

06/14/2022

;