PPP Loan information for New roads motor co. llc

$153,710

New roads motor co. llc was initially approved for PPP Loan of amount $153,710, the current approved amount is $153,710. The loan was approved on 02/04/2021 by The Regions Bank reported 16 jobs and $153,710 was used to fund payroll.

New roads motor co. llc is Existing or more than 2 years old

PPP Loan Search / LA / New Roads / New roads motor co. llc

NEW ROADS MOTOR CO. LLC

Date Approved

02/04/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

NEW ROADS MOTOR CO. LLC

Borrower Address

608 Parent St

Borrower City

New Roads

Borrower State

LA

Borrower Zip

70760-2226

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

153710.00

Current Approval Amount

153710.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Roads

Project County Name

POINTE COUPEE

Project State

LA

Project Zip

70760-2226

CD

LA-05

Jobs Reported

16

NAICS Code

441110

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

153708.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

154480.66

Forgiveness Date

08/12/2021

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