PPP Loan information for Orr motors of louisiana, inc.

$625,452

Orr motors of louisiana, inc. was initially approved for PPP Loan of amount $625,452, the current approved amount is $625,452. The loan was approved on 04/09/2020 by The Farmers Bank & Trust Company reported 50 jobs and $625,452 was used to fund payroll.

Orr motors of louisiana, inc. is Existing or more than 2 years old

ORR MOTORS OF LOUISIANA, INC.

Date Approved

04/09/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ORR MOTORS OF LOUISIANA, INC.

Borrower Address

8730 BUSINESS PARK DR

Borrower City

SHREVEPORT

Borrower State

LA

Borrower Zip

71105-5610

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

625452.00

Current Approval Amount

625452.00

Undisbursed Amount

0.00

Franchise Name

Acura Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

4520

Servicing Lender Name

Farmers Bank & Trust Company

Servicing Lender Address

200 E Main St

Servicing Lender City

MAGNOLIA

Servicing Lender State

AR

Servicing Lender Zip

71753-3530

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHREVEPORT

Project County Name

CADDO

Project State

LA

Project Zip

71105-5610

CD

LA-04

Jobs Reported

50

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

625452.00

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

4520

Originating Lender

Farmers Bank & Trust Company

Originating Lender City

MAGNOLIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

632700.39

Forgiveness Date

06/11/2021

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