PPP Loan information for Powell & son llc

$60,594

Powell & son llc was initially approved for PPP Loan of amount $60,594, the current approved amount is $60,594. The loan was approved on 02/12/2021 by The Merchants & Farmers Bank & Trust Company reported 11 jobs and $60,594 was used to fund payroll.

Powell & son llc is Existing or more than 2 years old

POWELL & SON LLC

Date Approved

02/12/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

POWELL & SON LLC

Borrower Address

111 Golden Ridge Rd

Borrower City

Anacoco

Borrower State

LA

Borrower Zip

71403-2064

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

60594.00

Current Approval Amount

60594.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28364

Servicing Lender Name

Merchants & Farmers Bank & Trust Company

Servicing Lender Address

501 S Fifth St

Servicing Lender City

LEESVILLE

Servicing Lender State

LA

Servicing Lender Zip

71446-4435

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Anacoco

Project County Name

VERNON

Project State

LA

Project Zip

71403-2064

CD

LA-04

Jobs Reported

11

NAICS Code

561790

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

60594.00

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

28364

Originating Lender

Merchants & Farmers Bank & Trust Company

Originating Lender City

LEESVILLE

Originating Lender State

LA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60801.03

Forgiveness Date

06/23/2021

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