PPP Loan information for Powell & son, llc

$45,450

Powell & son, llc was initially approved for PPP Loan of amount $45,450, the current approved amount is $45,450. The loan was approved on 04/08/2020 by The Merchants & Farmers Bank & Trust Company reported 10 jobs and $45,450 was used to fund payroll.

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

POWELL & SON, LLC

Date Approved

04/08/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

POWELL & SON, LLC

Borrower Address

111 Golden Ridge Road

Borrower City

ANACOCO

Borrower State

LA

Borrower Zip

71403-2064

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45450.00

Current Approval Amount

45450.00

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

10

NAICS Code

561790

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3030.00

Payroll Proceed

36360.00

Mortgage Interest Proceed

6060.00

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

45670.94

Forgiveness Date

10/13/2020

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