PPP Loan information for Emergent method, llc

$506,200

Emergent method, llc was initially approved for PPP Loan of amount $506,200, the current approved amount is $506,200. The loan was approved on 04/12/2020 by The Gulf Coast Bank and Trust Company reported 30 jobs and $506,200 was used to fund payroll.

Emergent method, llc is Existing or more than 2 years old

EMERGENT METHOD, LLC

Date Approved

04/12/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

EMERGENT METHOD, LLC

Borrower Address

200 Laurel St, Ste 200

Borrower City

BATON ROUGE

Borrower State

LA

Borrower Zip

70801-1803

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

506200.00

Current Approval Amount

506200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116770

Servicing Lender Name

Gulf Coast Bank and Trust Company

Servicing Lender Address

200 St. Charles Ave

Servicing Lender City

NEW ORLEANS

Servicing Lender State

LA

Servicing Lender Zip

70130-2903

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BATON ROUGE

Project County Name

EAST BATON ROUGE

Project State

LA

Project Zip

70801-1803

CD

LA-06

Jobs Reported

30

NAICS Code

541611

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

126550.00

Payroll Proceed

379650.00

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

116770

Originating Lender

Gulf Coast Bank and Trust Company

Originating Lender City

NEW ORLEANS

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

513905.49

Forgiveness Date

10/28/2021

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