PPP Loan information for Red river pump specialists inc

$500,500

Red river pump specialists inc was initially approved for PPP Loan of amount $500,500, the current approved amount is $500,500. The loan was approved on 04/04/2020 by The Gibsland Bank & Trust Company reported 35 jobs and $500,500 was used to fund payroll.

Red river pump specialists inc is Existing or more than 2 years old

RED RIVER PUMP SPECIALISTS INC

Date Approved

04/04/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

RED RIVER PUMP SPECIALISTS INC

Borrower Address

1555 WELLS ISLAND RD

Borrower City

SHREVEPORT

Borrower State

LA

Borrower Zip

71107-5440

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

500500.00

Current Approval Amount

500500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28240

Servicing Lender Name

Gibsland Bank & Trust Company

Servicing Lender Address

1246 S 3rd St

Servicing Lender City

GIBSLAND

Servicing Lender State

LA

Servicing Lender Zip

71028-4301

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SHREVEPORT

Project County Name

CADDO

Project State

LA

Project Zip

71107-5440

CD

LA-04

Jobs Reported

35

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

500500.00

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

Corporation

Originating Lender Location Id

28240

Originating Lender

Gibsland Bank & Trust Company

Originating Lender City

GIBSLAND

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

503256.18

Forgiveness Date

11/05/2020

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