PPP Loan information for R & r boats inc

$358,000

R & r boats inc was initially approved for PPP Loan of amount $358,000, the current approved amount is $358,000. The loan was approved on 04/06/2020 by The South Louisiana Bank reported 40 jobs and $358,000 was used to fund payroll.

R & r boats inc is Existing or more than 2 years old

PPP Loan Search / LA / BOURG / R & r boats inc

R & R BOATS INC

Date Approved

04/06/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

R & R BOATS INC

Borrower Address

265 COMPANY CANAL RD

Borrower City

BOURG

Borrower State

LA

Borrower Zip

70343-3819

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

358000.00

Current Approval Amount

358000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28293

Servicing Lender Name

South Louisiana Bank

Servicing Lender Address

1362 W Tunnel Blvd

Servicing Lender City

HOUMA

Servicing Lender State

LA

Servicing Lender Zip

70360-2731

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOURG

Project County Name

TERREBONNE

Project State

LA

Project Zip

70343-3819

CD

LA-01

Jobs Reported

40

NAICS Code

483113

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

286000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

16000.00

Debt Interest Proceed

51000

Business Type

Corporation

Originating Lender Location Id

28293

Originating Lender

South Louisiana Bank

Originating Lender City

HOUMA

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

361092.72

Forgiveness Date

02/19/2021

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