PPP Loan information for Red river stem, inc

$126,700

Red river stem, inc was initially approved for PPP Loan of amount $126,700, the current approved amount is $126,700. The loan was approved on 04/08/2020 by The b1BANK reported 30 jobs and $126,700 was used to fund payroll.

Red river stem, inc is New Business or 2 years or less

RED RIVER STEM, INC

Date Approved

04/08/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

RED RIVER STEM, INC

Borrower Address

820 CLYDE FANT PKWY

Borrower City

SHREVEPORT

Borrower State

LA

Borrower Zip

71101-3667

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

126700.00

Current Approval Amount

126700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437878

Servicing Lender Name

b1BANK

Servicing Lender Address

500 Laurel St, Ste 101

Servicing Lender City

BATON ROUGE

Servicing Lender State

LA

Servicing Lender Zip

70801-1811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SHREVEPORT

Project County Name

CADDO

Project State

LA

Project Zip

71101-3667

CD

LA-04

Jobs Reported

30

NAICS Code

712110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

126700.00

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

Non-Profit Organization

Originating Lender Location Id

437878

Originating Lender

b1BANK

Originating Lender City

BATON ROUGE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

127696.00

Forgiveness Date

01/25/2021

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