PPP Loan information for Specht newspapers, inc.

$162,500

Specht newspapers, inc. was initially approved for PPP Loan of amount $162,500, the current approved amount is $162,500. The loan was approved on 04/06/2020 by The Gibsland Bank & Trust Company reported 32 jobs and $162,500 was used to fund payroll.

Specht newspapers, inc. is Existing or more than 2 years old

PPP Loan Search / LA / MINDEN / Specht newspapers, inc.

SPECHT NEWSPAPERS, INC.

Date Approved

04/06/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

SPECHT NEWSPAPERS, INC.

Borrower Address

203 GLEASON ST

Borrower City

MINDEN

Borrower State

LA

Borrower Zip

71055-3455

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

162500.00

Current Approval Amount

162500.00

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

MINDEN

Project County Name

WEBSTER

Project State

LA

Project Zip

71055-3455

CD

LA-04

Jobs Reported

32

NAICS Code

511110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20025.00

Payroll Proceed

121875.00

Mortgage Interest Proceed

0.00

Rent Proceed

20600.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

153369.04

Forgiveness Date

11/12/2020

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