PPP Loan information for Launch

$154,477

Launch was initially approved for PPP Loan of amount $154,477, the current approved amount is $154,477. The loan was approved on 01/28/2021 by The Loan Source Incorporated reported 19 jobs and $154,477 was used to fund payroll.

Launch is Existing or more than 2 years old

LAUNCH

Date Approved

01/28/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

LAUNCH

Borrower Address

601 Hatchell Ln

Borrower City

Denham Springs

Borrower State

LA

Borrower Zip

70726-3015

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

154477.00

Current Approval Amount

154477.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Denham Springs

Project County Name

LIVINGSTON

Project State

LA

Project Zip

70726-3015

CD

LA-06

Jobs Reported

19

NAICS Code

621340

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

154475.00

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

Professional Association

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

155657.80

Forgiveness Date

11/16/2021

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