PPP Loan information for Louisiana plastic industries

$489,772

Louisiana plastic industries was initially approved for PPP Loan of amount $489,772, the current approved amount is $489,772. The loan was approved on 04/15/2020 by The Origin Bank reported 42 jobs and $489,772 was used to fund payroll.

Louisiana plastic industries is Existing or more than 2 years old

LOUISIANA PLASTIC INDUSTRIES

Date Approved

04/15/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

LOUISIANA PLASTIC INDUSTRIES

Borrower Address

501 DOWNING PINES RD

Borrower City

WEST MONROE

Borrower State

LA

Borrower Zip

71292-8010

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

489772.00

Current Approval Amount

489772.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28153

Servicing Lender Name

Origin Bank

Servicing Lender Address

3921 Elm St

Servicing Lender City

CHOUDRANT

Servicing Lender State

LA

Servicing Lender Zip

71227-3082

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WEST MONROE

Project County Name

OUACHITA

Project State

LA

Project Zip

71292-8010

CD

LA-05

Jobs Reported

42

NAICS Code

325211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

48977.20

Payroll Proceed

367329.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

73465.80

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

495458.80

Forgiveness Date

06/16/2021

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