PPP Loan information for Petals inc

$40,624

Petals inc was initially approved for PPP Loan of amount $40,624, the current approved amount is $40,624. The loan was approved on 04/09/2020 by The First American Bank & Trust reported 8 jobs and $40,624 was used to fund payroll.

Petals inc is New Business or 2 years or less

PETALS INC

Date Approved

04/09/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

PETALS INC

Borrower Address

44192 Hwy 445

Borrower City

ROBERT

Borrower State

LA

Borrower Zip

70455-9999

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40623.80

Current Approval Amount

40623.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29326

Servicing Lender Name

First American Bank & Trust

Servicing Lender Address

2785 Hwy 20 W

Servicing Lender City

VACHERIE

Servicing Lender State

LA

Servicing Lender Zip

70090

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ROBERT

Project County Name

TANGIPAHOA

Project State

LA

Project Zip

70455-9999

CD

LA-05

Jobs Reported

8

NAICS Code

445120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

32499.04

Mortgage Interest Proceed

8124.76

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

29326

Originating Lender

First American Bank & Trust

Originating Lender City

VACHERIE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41025.52

Forgiveness Date

04/01/2021

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