PPP Loan information for Louisiana college

$2,023,645

Louisiana college was initially approved for PPP Loan of amount $2,023,645, the current approved amount is $2,023,645. The loan was approved on 04/27/2020 by The Sabine State Bank & Trust Company reported 314 jobs and $2,023,645 was used to fund payroll.

Louisiana college is Existing or more than 2 years old

LOUISIANA COLLEGE

Date Approved

04/27/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

LOUISIANA COLLEGE

Borrower Address

1140 College Dr

Borrower City

Pineville

Borrower State

LA

Borrower Zip

71359

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2023645.00

Current Approval Amount

2023645.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28400

Servicing Lender Name

Sabine State Bank & Trust Company

Servicing Lender Address

297 Elizabeth St

Servicing Lender City

MANY

Servicing Lender State

LA

Servicing Lender Zip

71449-3082

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pineville

Project County Name

RAPIDES

Project State

LA

Project Zip

71359-1000

CD

LA-05

Jobs Reported

314

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2023645.00

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

Non-Profit Organization

Originating Lender Location Id

28400

Originating Lender

Sabine State Bank & Trust Company

Originating Lender City

MANY

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2046653.57

Forgiveness Date

06/24/2021

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