PPP Loan information for Sotec l.l.c.

$501,092

Sotec l.l.c. was initially approved for PPP Loan of amount $501,092, the current approved amount is $501,092. The loan was approved on 02/03/2021 by The Hancock Whitney Bank reported 30 jobs and $501,092 was used to fund payroll.

Sotec l.l.c. is Existing or more than 2 years old

SOTEC L.L.C.

Date Approved

02/03/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

SOTEC L.L.C.

Borrower Address

215 WILLIAM DAVID PKWY

Borrower City

METAIRIE

Borrower State

LA

Borrower Zip

70005

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

501092.00

Current Approval Amount

501092.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

METAIRIE

Project County Name

JEFFERSON

Project State

LA

Project Zip

70005

CD

LA-01

Jobs Reported

30

NAICS Code

423850

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

501089.00

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

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

504961.54

Forgiveness Date

11/10/2021

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