PPP Loan information for Bayou engineering company

$123,630

Bayou engineering company was initially approved for PPP Loan of amount $123,630, the current approved amount is $123,630. The loan was approved on 04/08/2020 by The Southern Heritage Bank reported 10 jobs and $123,630 was used to fund payroll.

Bayou engineering company is Existing or more than 2 years old

BAYOU ENGINEERING COMPANY

Date Approved

04/08/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

BAYOU ENGINEERING COMPANY

Borrower Address

300 WILLIAMS LAKE RD, #B

Borrower City

PINEVILLE

Borrower State

LA

Borrower Zip

71360-9301

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123630.00

Current Approval Amount

123630.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28326

Servicing Lender Name

Southern Heritage Bank

Servicing Lender Address

1201 4th St

Servicing Lender City

JONESVILLE

Servicing Lender State

LA

Servicing Lender Zip

71343-2121

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PINEVILLE

Project County Name

RAPIDES

Project State

LA

Project Zip

71360-9301

CD

LA-05

Jobs Reported

10

NAICS Code

211112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

123630.00

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

Subchapter S Corporation

Originating Lender Location Id

28326

Originating Lender

Southern Heritage Bank

Originating Lender City

JONESVILLE

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

124354.61

Forgiveness Date

11/12/2020

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