PPP Loan information for Morel g lemoine distributors inc

$215,459

Morel g lemoine distributors inc was initially approved for PPP Loan of amount $215,459, the current approved amount is $215,459. The loan was approved on 02/12/2021 by The The Cottonport Bank reported 12 jobs and $215,459 was used to fund payroll.

Morel g lemoine distributors inc is Existing or more than 2 years old

PPP Loan Search / LA / New Roads / Morel g lemoine distributors inc

MOREL G LEMOINE DISTRIBUTORS INC

Date Approved

02/12/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

MOREL G LEMOINE DISTRIBUTORS INC

Borrower Address

1932 Hospital Rd

Borrower City

New Roads

Borrower State

LA

Borrower Zip

70760-3911

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

215458.53

Current Approval Amount

215458.53

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

Existing or more than 2 years old

Project City

New Roads

Project County Name

POINTE COUPEE

Project State

LA

Project Zip

70760-3911

CD

LA-05

Jobs Reported

12

NAICS Code

424710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

215455.53

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

216473.84

Forgiveness Date

08/11/2021

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