PPP Loan information for Ordes electric inc

$1,536,630

Ordes electric inc was initially approved for PPP Loan of amount $1,536,630, the current approved amount is $1,536,630. The loan was approved on 02/05/2021 by The Hancock Whitney Bank reported 49 jobs and $1,536,630 was used to fund payroll.

Ordes electric inc is Existing or more than 2 years old

ORDES ELECTRIC INC

Date Approved

02/05/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

ORDES ELECTRIC INC

Borrower Address

3401 Jean Lafitte Pkwy

Borrower City

Chalmette

Borrower State

LA

Borrower Zip

70043-1605

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1536630.00

Current Approval Amount

1536630.00

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

Chalmette

Project County Name

SAINT BERNARD

Project State

LA

Project Zip

70043-1605

CD

LA-01

Jobs Reported

49

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1536625.00

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

Corporation

Originating Lender Location Id

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1484828.70

Forgiveness Date

03/11/2022

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