PPP Loan information for Arsement machine & supply, inc.

$187,382

Arsement machine & supply, inc. was initially approved for PPP Loan of amount $187,382, the current approved amount is $187,382. The loan was approved on 01/16/2021 by The Rayne State Bank & Trust Company reported 11 jobs and $187,382 was used to fund payroll.

Arsement machine & supply, inc. is Existing or more than 2 years old

PPP Loan Search / LA / Carencro / Arsement machine & supply, inc.

ARSEMENT MACHINE & SUPPLY, INC.

Date Approved

01/16/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

ARSEMENT MACHINE & SUPPLY, INC.

Borrower Address

4678 NE Evangeline Thruway

Borrower City

Carencro

Borrower State

LA

Borrower Zip

70520

Loan Status Date

05/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

187382.00

Current Approval Amount

187382.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29256

Servicing Lender Name

Rayne State Bank & Trust Company

Servicing Lender Address

200 S Adams Ave

Servicing Lender City

RAYNE

Servicing Lender State

LA

Servicing Lender Zip

70578-5836

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carencro

Project County Name

LAFAYETTE

Project State

LA

Project Zip

70520

CD

LA-03

Jobs Reported

11

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

187380.00

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

Corporation

Originating Lender Location Id

29256

Originating Lender

Rayne State Bank & Trust Company

Originating Lender City

RAYNE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

189599.78

Forgiveness Date

03/31/2022

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