PPP Loan information for Crescent power systems inc

$585,947

Crescent power systems inc was initially approved for PPP Loan of amount $585,947, the current approved amount is $585,947. The loan was approved on 02/24/2021 by The Hancock Whitney Bank reported 26 jobs and $585,947 was used to fund payroll.

Crescent power systems inc is Existing or more than 2 years old

CRESCENT POWER SYSTEMS INC

Date Approved

02/24/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

CRESCENT POWER SYSTEMS INC

Borrower Address

4317 Canal St

Borrower City

New Orleans

Borrower State

LA

Borrower Zip

70119-5944

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

585947.00

Current Approval Amount

585947.00

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

Existing or more than 2 years old

Project City

New Orleans

Project County Name

ORLEANS

Project State

LA

Project Zip

70119-5944

CD

LA-01

Jobs Reported

26

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

585943.00

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

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

592164.55

Forgiveness Date

03/15/2022

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