PPP Loan information for Southern packaging

$1,445,000

Southern packaging was initially approved for PPP Loan of amount $1,445,000, the current approved amount is $1,445,000. The loan was approved on 04/06/2020 by The b1BANK reported 222 jobs and $1,445,000 was used to fund payroll.

Southern packaging is Existing or more than 2 years old

SOUTHERN PACKAGING

Date Approved

04/06/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

SOUTHERN PACKAGING

Borrower Address

7271 Highway 190

Borrower City

PORT ALLEN

Borrower State

LA

Borrower Zip

70767-4707

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1445000.00

Current Approval Amount

1445000.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PORT ALLEN

Project County Name

WEST BATON ROUGE

Project State

LA

Project Zip

70767-4707

CD

LA-06

Jobs Reported

222

NAICS Code

321920

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1445000.00

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

Subchapter S Corporation

Originating Lender Location Id

437878

Originating Lender

b1BANK

Originating Lender City

BATON ROUGE

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1458968.33

Forgiveness Date

03/31/2021

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