PPP Loan information for Globalstar, inc.

$4,973,400

Globalstar, inc. was initially approved for PPP Loan of amount $4,973,400, the current approved amount is $4,973,400. The loan was approved on 04/12/2020 by The Hancock Whitney Bank reported 255 jobs and $4,973,400 was used to fund payroll.

Globalstar, inc. is Existing or more than 2 years old

GLOBALSTAR, INC.

Date Approved

04/12/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

GLOBALSTAR, INC.

Borrower Address

1351 Holiday Square Blvd.

Borrower City

COVINGTON

Borrower State

LA

Borrower Zip

70433-6152

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4973400.00

Current Approval Amount

4973400.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COVINGTON

Project County Name

SAINT TAMMANY

Project State

LA

Project Zip

70433-6152

CD

LA-01

Jobs Reported

255

NAICS Code

517312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4973400.00

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

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5030455.95

Forgiveness Date

06/09/2021

;