PPP Loan information for Ascension quality materials

$1,652,500

Ascension quality materials was initially approved for PPP Loan of amount $1,652,500, the current approved amount is $1,652,500. The loan was approved on 04/05/2020 by The b1BANK reported 95 jobs and $1,652,500 was used to fund payroll.

Ascension quality materials is New Business or 2 years or less

ASCENSION QUALITY MATERIALS

Date Approved

04/05/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ASCENSION QUALITY MATERIALS

Borrower Address

16105 HIGHWAY 73

Borrower City

PRAIRIEVILLE

Borrower State

LA

Borrower Zip

70769-3548

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1652500.00

Current Approval Amount

1652500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437878

Servicing Lender Name

b1BANK

Servicing Lender Address

500 Laurel St, Ste 101

Servicing Lender City

BATON ROUGE

Servicing Lender State

LA

Servicing Lender Zip

70801-1811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PRAIRIEVILLE

Project County Name

ASCENSION

Project State

LA

Project Zip

70769-3548

CD

LA-06

Jobs Reported

95

NAICS Code

238110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1652500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

437878

Originating Lender

b1BANK

Originating Lender City

BATON ROUGE

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1653769.38

Forgiveness Date

12/21/2020

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