PPP Loan information for Palmetto addiction recovery center, inc.

$549,050

Palmetto addiction recovery center, inc. was initially approved for PPP Loan of amount $549,050, the current approved amount is $549,050. The loan was approved on 04/13/2020 by The Franklin State Bank & Trust Company reported 43 jobs and $549,050 was used to fund payroll.

Palmetto addiction recovery center, inc. is Existing or more than 2 years old

PPP Loan Search / LA / RAYVILLE / Palmetto addiction recovery center, inc.

PALMETTO ADDICTION RECOVERY CENTER, INC.

Date Approved

04/13/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

PALMETTO ADDICTION RECOVERY CENTER, INC.

Borrower Address

86 PALMETTO RD

Borrower City

RAYVILLE

Borrower State

LA

Borrower Zip

71269-6415

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

549050.00

Current Approval Amount

549050.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29368

Servicing Lender Name

Franklin State Bank & Trust Company

Servicing Lender Address

802 Prairie St

Servicing Lender City

WINNSBORO

Servicing Lender State

LA

Servicing Lender Zip

71295-2632

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RAYVILLE

Project County Name

RICHLAND

Project State

LA

Project Zip

71269-6415

CD

LA-05

Jobs Reported

43

NAICS Code

621420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

137262.50

Payroll Proceed

411787.50

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

Subchapter S Corporation

Originating Lender Location Id

29368

Originating Lender

Franklin State Bank & Trust Company

Originating Lender City

WINNSBORO

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

552130.78

Forgiveness Date

11/03/2020

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