PPP Loan information for Morel g. lemoine distributor, inc.

$215,849

Morel g. lemoine distributor, inc. was initially approved for PPP Loan of amount $215,849, the current approved amount is $215,849. The loan was approved on 04/08/2020 by The The Cottonport Bank reported 12 jobs and $215,849 was used to fund payroll.

Morel g. lemoine distributor, inc. is New Business or 2 years or less

PPP Loan Search / LA / NEW ROADS / Morel g. lemoine distributor, inc.

MOREL G. LEMOINE DISTRIBUTOR, INC.

Date Approved

04/08/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MOREL G. LEMOINE DISTRIBUTOR, INC.

Borrower Address

1932 Hospital Road

Borrower City

NEW ROADS

Borrower State

LA

Borrower Zip

70760-3911

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

215849.00

Current Approval Amount

215849.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28177

Servicing Lender Name

The Cottonport Bank

Servicing Lender Address

153 Cottonport Ave

Servicing Lender City

COTTONPORT

Servicing Lender State

LA

Servicing Lender Zip

71327-3701

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NEW ROADS

Project County Name

POINTE COUPEE

Project State

LA

Project Zip

70760-3911

CD

LA-05

Jobs Reported

12

NAICS Code

454310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

21585.00

Payroll Proceed

194264.00

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

28177

Originating Lender

The Cottonport Bank

Originating Lender City

COTTONPORT

Originating Lender State

LA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

217404.30

Forgiveness Date

01/06/2021

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