PPP Loan information for Sep inc

$498,300

Sep inc was initially approved for PPP Loan of amount $498,300, the current approved amount is $498,300. The loan was approved on 04/27/2020 by The Gibsland Bank & Trust Company reported 97 jobs and $498,300 was used to fund payroll.

Sep inc is Existing or more than 2 years old

SEP INC

Date Approved

04/27/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

SEP INC

Borrower Address

543 S MAIN ST

Borrower City

SPRINGHILL

Borrower State

LA

Borrower Zip

71075-4027

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

498300.00

Current Approval Amount

498300.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGHILL

Project County Name

WEBSTER

Project State

LA

Project Zip

71075-4027

CD

LA-04

Jobs Reported

97

NAICS Code

445110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

44575.00

Payroll Proceed

373725.00

Mortgage Interest Proceed

0.00

Rent Proceed

80000.00

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

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

500880.24

Forgiveness Date

11/03/2020

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