PPP Loan information for New orleans iron works

$1,277,800

New orleans iron works was initially approved for PPP Loan of amount $1,277,800, the current approved amount is $1,277,800. The loan was approved on 04/11/2020 by The Hancock Whitney Bank reported 81 jobs and $1,277,800 was used to fund payroll.

New orleans iron works is New Business or 2 years or less

PPP Loan Search / LA / BELLE CHASSE / New orleans iron works

NEW ORLEANS IRON WORKS

Date Approved

04/11/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

NEW ORLEANS IRON WORKS

Borrower Address

220 WALKER RD

Borrower City

BELLE CHASSE

Borrower State

LA

Borrower Zip

70037-4334

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1277800.00

Current Approval Amount

1277800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BELLE CHASSE

Project County Name

PLAQUEMINES

Project State

LA

Project Zip

70037-4334

CD

LA-01

Jobs Reported

81

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

24159.00

Payroll Proceed

1186009.00

Mortgage Interest Proceed

0.00

Rent Proceed

67632.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1289761.63

Forgiveness Date

03/18/2021

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