PPP Loan information for Larc inc

$810,937

Larc inc was initially approved for PPP Loan of amount $810,937, the current approved amount is $810,937. The loan was approved on 02/06/2021 by The First Horizon Bank reported 187 jobs and $810,937 was used to fund payroll.

Larc inc is Existing or more than 2 years old

PPP Loan Search / LA / Lafayette / Larc inc

LARC INC

Date Approved

02/06/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

LARC INC

Borrower Address

303 New Hope Rd

Borrower City

Lafayette

Borrower State

LA

Borrower Zip

70506-7407

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

810937.00

Current Approval Amount

810937.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lafayette

Project County Name

LAFAYETTE

Project State

LA

Project Zip

70506-7407

CD

LA-03

Jobs Reported

187

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

810932.00

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

Non-Profit Organization

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

819159.00

Forgiveness Date

02/17/2022

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