PPP Loan information for Nolen's towing & recovery inc

$51,972

Nolen's towing & recovery inc was initially approved for PPP Loan of amount $51,972, the current approved amount is $51,972. The loan was approved on 04/12/2020 by The American Bank reported 5 jobs and $51,972 was used to fund payroll.

Nolen's towing & recovery inc is Existing or more than 2 years old

NOLEN'S TOWING & RECOVERY INC

Date Approved

04/12/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

NOLEN'S TOWING & RECOVERY INC

Borrower Address

6282 US 71

Borrower City

COUSHATTA

Borrower State

LA

Borrower Zip

71019

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51972.00

Current Approval Amount

51972.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28188

Servicing Lender Name

American Bank

Servicing Lender Address

1819 N Columbia St

Servicing Lender City

COVINGTON

Servicing Lender State

LA

Servicing Lender Zip

70433-5648

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COUSHATTA

Project County Name

RED RIVER

Project State

LA

Project Zip

71019-0001

CD

LA-04

Jobs Reported

5

NAICS Code

488410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

51972.00

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

Subchapter S Corporation

Originating Lender Location Id

28188

Originating Lender

American Bank

Originating Lender City

COVINGTON

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

46227.40

Forgiveness Date

11/09/2020

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