PPP Loan information for Conrad industries, inc.

$8,091,000

Conrad industries, inc. was initially approved for PPP Loan of amount $8,091,000, the current approved amount is $8,091,000. The loan was approved on 04/11/2020 by The Hancock Whitney Bank reported 473 jobs and $8,091,000 was used to fund payroll.

Conrad industries, inc. is Existing or more than 2 years old

CONRAD INDUSTRIES, INC.

Date Approved

04/11/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

CONRAD INDUSTRIES, INC.

Borrower Address

1100 BRASHEAR AVE

Borrower City

MORGAN CITY

Borrower State

LA

Borrower Zip

70380-1930

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8091000.00

Current Approval Amount

8091000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORGAN CITY

Project County Name

SAINT MARY

Project State

LA

Project Zip

70380-1930

CD

LA-03

Jobs Reported

473

NAICS Code

336611

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

500000.00

Payroll Proceed

6091000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1250000.00

Debt Interest Proceed

250000

Business Type

Corporation

Originating Lender Location Id

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

8185170.25

Forgiveness Date

06/11/2021

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