PPP Loan information for Tarc

$519,699

Tarc was initially approved for PPP Loan of amount $519,699, the current approved amount is $519,699. The loan was approved on 04/27/2020 by The First Guaranty Bank reported 111 jobs and $519,699 was used to fund payroll.

Tarc is Existing or more than 2 years old

TARC

Date Approved

04/27/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

TARC

Borrower Address

408 North Cypress Street

Borrower City

HAMMOND

Borrower State

LA

Borrower Zip

70401-2641

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

519699.00

Current Approval Amount

519699.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28259

Servicing Lender Name

First Guaranty Bank

Servicing Lender Address

400 E Thomas St

Servicing Lender City

HAMMOND

Servicing Lender State

LA

Servicing Lender Zip

70401-3320

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAMMOND

Project County Name

TANGIPAHOA

Project State

LA

Project Zip

70401-2641

CD

LA-05

Jobs Reported

111

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

519699.00

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

Non-Profit Organization

Originating Lender Location Id

28259

Originating Lender

First Guaranty Bank

Originating Lender City

HAMMOND

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

523529.11

Forgiveness Date

01/26/2021

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