PPP Loan information for Otto hebert lumberyard, inc.

$107,700

Otto hebert lumberyard, inc. was initially approved for PPP Loan of amount $107,700, the current approved amount is $107,700. The loan was approved on 04/07/2020 by The Bank of Erath reported 12 jobs and $107,700 was used to fund payroll.

Otto hebert lumberyard, inc. is Change of Ownership

PPP Loan Search / LA / ERATH / Otto hebert lumberyard, inc.

OTTO HEBERT LUMBERYARD, INC.

Date Approved

04/07/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

OTTO HEBERT LUMBERYARD, INC.

Borrower Address

13717 SAINT ELMO RD

Borrower City

ERATH

Borrower State

LA

Borrower Zip

70533-5766

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107700.00

Current Approval Amount

107700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28227

Servicing Lender Name

Bank of Erath

Servicing Lender Address

105 W Edwards St

Servicing Lender City

ERATH

Servicing Lender State

LA

Servicing Lender Zip

70533-4027

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Change of Ownership

Project City

ERATH

Project County Name

VERMILION

Project State

LA

Project Zip

70533-5766

CD

LA-03

Jobs Reported

12

NAICS Code

444130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4653.00

Payroll Proceed

86200.00

Mortgage Interest Proceed

4347.00

Rent Proceed

12500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

28227

Originating Lender

Bank of Erath

Originating Lender City

ERATH

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

108450.91

Forgiveness Date

12/28/2020

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