PPP Loan information for Luigi's restaurant

$17,700

Luigi's restaurant was initially approved for PPP Loan of amount $17,700, the current approved amount is $17,700. The loan was approved on 04/29/2020 by The Gibsland Bank & Trust Company reported 6 jobs and $17,700 was used to fund payroll.

Luigi's restaurant is New Business or 2 years or less

LUIGI'S RESTAURANT

Date Approved

04/29/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

LUIGI'S RESTAURANT

Borrower Address

1876 N RAILROAD AVE

Borrower City

ARCADIA

Borrower State

LA

Borrower Zip

71001-3547

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17700.00

Current Approval Amount

17700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28240

Servicing Lender Name

Gibsland Bank & Trust Company

Servicing Lender Address

1246 S 3rd St

Servicing Lender City

GIBSLAND

Servicing Lender State

LA

Servicing Lender Zip

71028-4301

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

ARCADIA

Project County Name

BIENVILLE

Project State

LA

Project Zip

71001-3547

CD

LA-04

Jobs Reported

6

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1425.00

Payroll Proceed

13275.00

Mortgage Interest Proceed

0.00

Rent Proceed

3000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

28240

Originating Lender

Gibsland Bank & Trust Company

Originating Lender City

GIBSLAND

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

17807.65

Forgiveness Date

12/08/2020

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