PPP Loan information for Poverty point produce inc

$159,346

Poverty point produce inc was initially approved for PPP Loan of amount $159,346, the current approved amount is $159,346. The loan was approved on 04/09/2020 by The Progressive Bank reported 60 jobs and $159,346 was used to fund payroll.

Poverty point produce inc is Existing or more than 2 years old

PPP Loan Search / LA / PIONEER / Poverty point produce inc

POVERTY POINT PRODUCE INC

Date Approved

04/09/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

POVERTY POINT PRODUCE INC

Borrower Address

4410 Highway 577

Borrower City

PIONEER

Borrower State

LA

Borrower Zip

71266-8187

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

159346.00

Current Approval Amount

159346.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29371

Servicing Lender Name

Progressive Bank

Servicing Lender Address

1411 N 19th St

Servicing Lender City

MONROE

Servicing Lender State

LA

Servicing Lender Zip

71201-4939

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PIONEER

Project County Name

WEST CARROLL

Project State

LA

Project Zip

71266-8187

CD

LA-05

Jobs Reported

60

NAICS Code

111191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

159346.00

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

29371

Originating Lender

Progressive Bank

Originating Lender City

MONROE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

161205.04

Forgiveness Date

06/10/2021

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