Date Approved
04/27/2020
SBA Office Code
0679
Processing Method
PPP
Borrower Name
HUTCO, INC.
Borrower Address
114 Park Center Street
Borrower City
Broussard
Borrower State
LA
Borrower Zip
70518-3605
Loan Status Date
07/08/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
7878875.94
Current Approval Amount
6833958.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
28002
Servicing Lender Name
Gulf Coast Bank
Servicing Lender Address
221 S State St
Servicing Lender City
ABBEVILLE
Servicing Lender State
Servicing Lender Zip
70510-5917
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LAFAYETTE
Project State
Project Zip
CD
LA-03
Jobs Reported
500
NAICS Code
561320
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
6908663.46
Forgiveness Date
06/11/2021