PPP Loan information for Canal 509, llc

$522,800

Canal 509, llc was initially approved for PPP Loan of amount $522,800, the current approved amount is $522,800. The loan was approved on 04/28/2020 by The Hancock Whitney Bank reported 89 jobs and $522,800 was used to fund payroll.

Canal 509, llc is Unanswered

PPP Loan Search / LA / NEW ORLEANS / Canal 509, llc

CANAL 509, LLC

Date Approved

04/28/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

CANAL 509, LLC

Borrower Address

311 DECATUR ST

Borrower City

NEW ORLEANS

Borrower State

LA

Borrower Zip

70130-1023

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

522800.00

Current Approval Amount

522800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

NEW ORLEANS

Project County Name

ORLEANS

Project State

LA

Project Zip

70130-1023

CD

LA-02

Jobs Reported

89

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

522800.00

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

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

528652.46

Forgiveness Date

06/16/2021

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