PPP Loan information for M&j valve services inc

$2,054,500

M&j valve services inc was initially approved for PPP Loan of amount $2,054,500, the current approved amount is $2,054,500. The loan was approved on 04/11/2020 by The Hancock Whitney Bank reported 134 jobs and $2,054,500 was used to fund payroll.

M&j valve services inc is Existing or more than 2 years old

PPP Loan Search / LA / LAFAYETTE / M&j valve services inc

M&J VALVE SERVICES INC

Date Approved

04/11/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

M&J VALVE SERVICES INC

Borrower Address

110 GILL DR

Borrower City

LAFAYETTE

Borrower State

LA

Borrower Zip

70507-5402

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2054500.00

Current Approval Amount

2054500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAFAYETTE

Project County Name

LAFAYETTE

Project State

LA

Project Zip

70507-5402

CD

LA-03

Jobs Reported

134

NAICS Code

332911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6000.00

Payroll Proceed

1722858.00

Mortgage Interest Proceed

7200.00

Rent Proceed

23442.00

Refinance EIDL Proceed

0.00

Health Care Proceed

280000.00

Debt Interest Proceed

15000

Business Type

Corporation

Originating Lender Location Id

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

2078868.65

Forgiveness Date

06/22/2021

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