PPP Loan information for Grace chenevert motor company

$596,200

Grace chenevert motor company was initially approved for PPP Loan of amount $596,200, the current approved amount is $596,200. The loan was approved on 04/13/2020 by The Hancock Whitney Bank reported 44 jobs and $596,200 was used to fund payroll.

Grace chenevert motor company is Existing or more than 2 years old

GRACE CHENEVERT MOTOR COMPANY

Date Approved

04/13/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

GRACE CHENEVERT MOTOR COMPANY

Borrower Address

13940 AIRLINE HWY

Borrower City

BATON ROUGE

Borrower State

LA

Borrower Zip

70817-5927

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

596200.00

Current Approval Amount

596200.00

Undisbursed Amount

0.00

Franchise Name

Volkswagen Dealer Agreement

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

BATON ROUGE

Project County Name

EAST BATON ROUGE

Project State

LA

Project Zip

70817-5927

CD

LA-06

Jobs Reported

44

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

596200.00

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

Subchapter S 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

600787.43

Forgiveness Date

01/20/2021

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