PPP Loan information for The arc baton rouge

$524,600

The arc baton rouge was initially approved for PPP Loan of amount $524,600, the current approved amount is $524,600. The loan was approved on 04/11/2020 by The Neighbors FCU reported 149 jobs and $524,600 was used to fund payroll.

The arc baton rouge is Existing or more than 2 years old

THE ARC BATON ROUGE

Date Approved

04/11/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

THE ARC BATON ROUGE

Borrower Address

12616 Jefferson Hwy

Borrower City

BATON ROUGE

Borrower State

LA

Borrower Zip

70816-6240

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

524600.00

Current Approval Amount

524600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

97573

Servicing Lender Name

Neighbors FCU

Servicing Lender Address

12529 Perkins Rd

Servicing Lender City

BATON ROUGE

Servicing Lender State

LA

Servicing Lender Zip

70810-1907

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BATON ROUGE

Project County Name

EAST BATON ROUGE

Project State

LA

Project Zip

70816-6240

CD

LA-06

Jobs Reported

149

NAICS Code

624120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

524600.00

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

97573

Originating Lender

Neighbors FCU

Originating Lender City

BATON ROUGE

Originating Lender State

LA

Gender

Female Owned

Veteran

Veteran

Non Profit

Y

Forgiveness Amount

527742.92

Forgiveness Date

11/23/2020

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