PPP Loan information for Riverlands insurance agency, inc.

$500,000

Riverlands insurance agency, inc. was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 04/06/2020 by The First American Bank & Trust reported 55 jobs and $500,000 was used to fund payroll.

Riverlands insurance agency, inc. is Existing or more than 2 years old

RIVERLANDS INSURANCE AGENCY, INC.

Date Approved

04/06/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

RIVERLANDS INSURANCE AGENCY, INC.

Borrower Address

492 W 5TH ST

Borrower City

LA PLACE

Borrower State

LA

Borrower Zip

70068-3939

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29326

Servicing Lender Name

First American Bank & Trust

Servicing Lender Address

2785 Hwy 20 W

Servicing Lender City

VACHERIE

Servicing Lender State

LA

Servicing Lender Zip

70090

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LA PLACE

Project County Name

ST JOHN THE BAPTIST

Project State

LA

Project Zip

70068-3939

CD

LA-02

Jobs Reported

55

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

425000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

70000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

29326

Originating Lender

First American Bank & Trust

Originating Lender City

VACHERIE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

503277.78

Forgiveness Date

12/02/2020

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