PPP Loan information for Canal energy & services, inc.

$69,700

Canal energy & services, inc. was initially approved for PPP Loan of amount $69,700, the current approved amount is $69,700. The loan was approved on 04/16/2020 by The Regions Bank reported 4 jobs and $69,700 was used to fund payroll.

Canal energy & services, inc. is Existing or more than 2 years old

CANAL ENERGY & SERVICES, INC.

Date Approved

04/16/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

CANAL ENERGY & SERVICES, INC.

Borrower Address

420 Industrial Parkway Drive

Borrower City

Bogalusa

Borrower State

LA

Borrower Zip

70427-1978

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69700.00

Current Approval Amount

69700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bogalusa

Project County Name

WASHINGTON

Project State

LA

Project Zip

70427-1978

CD

LA-05

Jobs Reported

4

NAICS Code

561990

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

69700.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

70282.42

Forgiveness Date

03/01/2021

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