PPP Loan information for Mer rouge community services, inc

$578,080

Mer rouge community services, inc was initially approved for PPP Loan of amount $578,080, the current approved amount is $578,080. The loan was approved on 04/09/2020 by The The Mer Rouge State Bank reported 122 jobs and $578,080 was used to fund payroll.

Mer rouge community services, inc is Existing or more than 2 years old

MER ROUGE COMMUNITY SERVICES, INC

Date Approved

04/09/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MER ROUGE COMMUNITY SERVICES, INC

Borrower Address

1400 DAVENPORT AVE

Borrower City

MER ROUGE

Borrower State

LA

Borrower Zip

71261-9713

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

578080.00

Current Approval Amount

578080.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28434

Servicing Lender Name

The Mer Rouge State Bank

Servicing Lender Address

102 W Davenport Ave

Servicing Lender City

MER ROUGE

Servicing Lender State

LA

Servicing Lender Zip

71261-9707

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MER ROUGE

Project County Name

MOREHOUSE

Project State

LA

Project Zip

71261-9713

CD

LA-05

Jobs Reported

122

NAICS Code

623110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

578080.00

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

28434

Originating Lender

The Mer Rouge State Bank

Originating Lender City

MER ROUGE

Originating Lender State

LA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

582783.83

Forgiveness Date

02/16/2021

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