PPP Loan information for Bay cove assisted living llc

$430,303

Bay cove assisted living llc was initially approved for PPP Loan of amount $430,303, the current approved amount is $430,303. The loan was approved on 05/20/2021 by The The First Bank reported 70 jobs and $430,303 was used to fund payroll.

Bay cove assisted living llc is Existing or more than 2 years old

BAY COVE ASSISTED LIVING LLC

Date Approved

05/20/2021

SBA Office Code

0679

Processing Method

PPP

Borrower Name

BAY COVE ASSISTED LIVING LLC

Borrower Address

111 Veterans Memorial Blvd Ste 1662

Borrower City

Metairie

Borrower State

LA

Borrower Zip

70005-3000

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

430302.50

Current Approval Amount

430302.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Metairie

Project County Name

JEFFERSON

Project State

LA

Project Zip

70005-3000

CD

LA-01

Jobs Reported

70

NAICS Code

531110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

430300.50

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

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

432764.79

Forgiveness Date

12/17/2021

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