PPP Loan information for Culp insurance agency inc

$56,907

Culp insurance agency inc was initially approved for PPP Loan of amount $56,907, the current approved amount is $56,907. The loan was approved on 04/08/2020 by The Origin Bank reported 8 jobs and $56,907 was used to fund payroll.

Culp insurance agency inc is Existing or more than 2 years old

CULP INSURANCE AGENCY INC

Date Approved

04/08/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

CULP INSURANCE AGENCY INC

Borrower Address

1421 E MADISON AVE

Borrower City

BASTROP

Borrower State

LA

Borrower Zip

71220-4029

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56907.00

Current Approval Amount

56907.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28153

Servicing Lender Name

Origin Bank

Servicing Lender Address

3921 Elm St

Servicing Lender City

CHOUDRANT

Servicing Lender State

LA

Servicing Lender Zip

71227-3082

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BASTROP

Project County Name

MOREHOUSE

Project State

LA

Project Zip

71220-4029

CD

LA-05

Jobs Reported

8

NAICS Code

524210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

14226.75

Payroll Proceed

42680.25

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

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

57449.20

Forgiveness Date

03/24/2021

;