PPP Loan information for Posigen, inc

$2,731,400

Posigen, inc was initially approved for PPP Loan of amount $2,208,100, the current approved amount is $2,731,400. The loan was approved on 04/10/2020 by The Gulf Coast Bank and Trust Company reported 244 jobs and $2,731,400 was used to fund payroll.

Posigen, inc is Existing or more than 2 years old

PPP Loan Search / LA / NEW ORLEANS / Posigen, inc

POSIGEN, INC

Date Approved

04/10/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

POSIGEN, INC

Borrower Address

819 Central Ave. Ste. 210

Borrower City

NEW ORLEANS

Borrower State

LA

Borrower Zip

70121-1304

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2208100.00

Current Approval Amount

2731400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116770

Servicing Lender Name

Gulf Coast Bank and Trust Company

Servicing Lender Address

200 St. Charles Ave

Servicing Lender City

NEW ORLEANS

Servicing Lender State

LA

Servicing Lender Zip

70130-2903

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEW ORLEANS

Project County Name

JEFFERSON

Project State

LA

Project Zip

70121-1304

CD

LA-01

Jobs Reported

244

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

682850.00

Payroll Proceed

2048550.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

116770

Originating Lender

Gulf Coast Bank and Trust Company

Originating Lender City

NEW ORLEANS

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2763493.95

Forgiveness Date

06/11/2021

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