PPP Loan information for Cordes electric llc

$564,600

Cordes electric llc was initially approved for PPP Loan of amount $564,600, the current approved amount is $564,600. The loan was approved on 04/30/2020 by The Regions Bank reported 33 jobs and $564,600 was used to fund payroll.

Cordes electric llc is Existing or more than 2 years old

CORDES ELECTRIC LLC

Date Approved

04/30/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

CORDES ELECTRIC LLC

Borrower Address

1500 JUSTIN RD,

Borrower City

METAIRIE

Borrower State

LA

Borrower Zip

70001

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

564600.00

Current Approval Amount

564600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

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

70001-1000

CD

LA-01

Jobs Reported

33

NAICS Code

238210

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

564600.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

570694.59

Forgiveness Date

06/03/2021

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