PPP Loan information for Bayou state oil corporation

$707,195

Bayou state oil corporation was initially approved for PPP Loan of amount $707,195, the current approved amount is $707,195. The loan was approved on 03/16/2021 by The Loan Source Incorporated reported 34 jobs and $707,195 was used to fund payroll.

Bayou state oil corporation is Existing or more than 2 years old

PPP Loan Search / LA / Shreveport / Bayou state oil corporation

BAYOU STATE OIL CORPORATION

Date Approved

03/16/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

BAYOU STATE OIL CORPORATION

Borrower Address

1115 Hawn Ave

Borrower City

Shreveport

Borrower State

LA

Borrower Zip

71107-6609

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

707195.00

Current Approval Amount

707195.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

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

BOSSIER

Project State

LA

Project Zip

71107-6609

CD

LA-04

Jobs Reported

34

NAICS Code

213111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

707192.00

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

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

713453.19

Forgiveness Date

02/09/2022

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