PPP Loan information for Rabalais logging llc

$75,000

Rabalais logging llc was initially approved for PPP Loan of amount $75,000, the current approved amount is $75,000. The loan was approved on 04/14/2020 by The Simmesport State Bank reported 8 jobs and $75,000 was used to fund payroll.

Rabalais logging llc is Existing or more than 2 years old

RABALAIS LOGGING LLC

Date Approved

04/14/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

RABALAIS LOGGING LLC

Borrower Address

9711 LA HWY 1

Borrower City

LETTSWORTH

Borrower State

LA

Borrower Zip

70753

Loan Status Date

06/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

75000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29306

Servicing Lender Name

Simmesport State Bank

Servicing Lender Address

16495 Louisiana Hwy 1

Servicing Lender City

SIMMESPORT

Servicing Lender State

LA

Servicing Lender Zip

71369

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LETTSWORTH

Project County Name

POINTE COUPEE

Project State

LA

Project Zip

70753-0001

CD

LA-05

Jobs Reported

8

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

75000.00

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

29306

Originating Lender

Simmesport State Bank

Originating Lender City

SIMMESPORT

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

75556.85

Forgiveness Date

01/20/2021

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