PPP Loan information for The arc of greater new orleans inc.

$1,079,325

The arc of greater new orleans inc. was initially approved for PPP Loan of amount $1,079,325, the current approved amount is $1,079,325. The loan was approved on 03/17/2021 by The Gulf Coast Bank and Trust Company reported 257 jobs and $1,079,325 was used to fund payroll.

The arc of greater new orleans inc. is Existing or more than 2 years old

THE ARC OF GREATER NEW ORLEANS INC.

Date Approved

03/17/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

THE ARC OF GREATER NEW ORLEANS INC.

Borrower Address

925 S Labarre Rd

Borrower City

Metairie

Borrower State

LA

Borrower Zip

70001-5921

Loan Status Date

03/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1079325.00

Current Approval Amount

1079325.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116770

Servicing Lender Name

Gulf Coast Bank and Trust Company

Servicing Lender Address

200 St. Charles Ave

Servicing Lender City

NEW ORLEANS

Servicing Lender State

LA

Servicing Lender Zip

70130-2903

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

70001-5921

CD

LA-02

Jobs Reported

257

NAICS Code

813990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1079320.00

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

116770

Originating Lender

Gulf Coast Bank and Trust Company

Originating Lender City

NEW ORLEANS

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1089338.74

Forgiveness Date

02/23/2022

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