PPP Loan information for Balar associates inc

$233,960

Balar associates inc was initially approved for PPP Loan of amount $233,960, the current approved amount is $233,960. The loan was approved on 04/08/2020 by The Carter FCU reported 18 jobs and $233,960 was used to fund payroll.

Balar associates inc is Existing or more than 2 years old

BALAR ASSOCIATES INC

Date Approved

04/08/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

BALAR ASSOCIATES INC

Borrower Address

631 MILAM ST

Borrower City

SHREVEPORT

Borrower State

LA

Borrower Zip

71101-3500

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

233960.00

Current Approval Amount

233960.00

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

71101-3500

CD

LA-04

Jobs Reported

18

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

233960.00

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

237152.11

Forgiveness Date

08/30/2021

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