PPP Loan information for Butch oustalet inc

$992,029

Butch oustalet inc was initially approved for PPP Loan of amount $992,029, the current approved amount is $992,029. The loan was approved on 04/06/2020 by The The Peoples Bank reported 70 jobs and $992,029 was used to fund payroll.

Butch oustalet inc is Change of Ownership

PPP Loan Search / MS / GULFPORT / Butch oustalet inc

BUTCH OUSTALET INC

Date Approved

04/06/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

BUTCH OUSTALET INC

Borrower Address

9274 HWY 49

Borrower City

GULFPORT

Borrower State

MS

Borrower Zip

39503-4256

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

992029.00

Current Approval Amount

992029.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

39155

Servicing Lender Name

The Peoples Bank

Servicing Lender Address

152 Lameuse St

Servicing Lender City

BILOXI

Servicing Lender State

MS

Servicing Lender Zip

39530-4214

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Change of Ownership

Project City

GULFPORT

Project County Name

HARRISON

Project State

MS

Project Zip

39503-4256

CD

MS-04

Jobs Reported

70

NAICS Code

336111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

992029.00

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

39155

Originating Lender

The Peoples Bank

Originating Lender City

BILOXI

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1008810.82

Forgiveness Date

12/14/2021

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