PPP Loan information for Red clay energy services, llc

$40,500

Red clay energy services, llc was initially approved for PPP Loan of amount $40,500, the current approved amount is $40,500. The loan was approved on 04/28/2020 by The Bank of Erath reported 8 jobs and $40,500 was used to fund payroll.

Red clay energy services, llc is Existing or more than 2 years old

RED CLAY ENERGY SERVICES, LLC

Date Approved

04/28/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

RED CLAY ENERGY SERVICES, LLC

Borrower Address

314 LAPORTE ST

Borrower City

ABBEVILLE

Borrower State

LA

Borrower Zip

70510-5010

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40500.00

Current Approval Amount

40500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28227

Servicing Lender Name

Bank of Erath

Servicing Lender Address

105 W Edwards St

Servicing Lender City

ERATH

Servicing Lender State

LA

Servicing Lender Zip

70533-4027

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ABBEVILLE

Project County Name

VERMILION

Project State

LA

Project Zip

70510-5010

CD

LA-03

Jobs Reported

8

NAICS Code

213112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40500.00

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

28227

Originating Lender

Bank of Erath

Originating Lender City

ERATH

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40852.12

Forgiveness Date

03/17/2021

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