PPP Loan information for Colt inc

$659,800

Colt inc was initially approved for PPP Loan of amount $659,800, the current approved amount is $659,800. The loan was approved on 04/09/2020 by The First Horizon Bank reported 75 jobs and $659,800 was used to fund payroll.

Colt inc is Existing or more than 2 years old

COLT INC

Date Approved

04/09/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

COLT INC

Borrower Address

1223 DELHOMME AVE

Borrower City

SCOTT

Borrower State

LA

Borrower Zip

70583-5028

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

659800.00

Current Approval Amount

659800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCOTT

Project County Name

LAFAYETTE

Project State

LA

Project Zip

70583-5028

CD

LA-03

Jobs Reported

75

NAICS Code

326299

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

659800.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

665683.22

Forgiveness Date

03/05/2021

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