PPP Loan information for Source production & equipment co., inc.

$482,448

Source production & equipment co., inc. was initially approved for PPP Loan of amount $482,448, the current approved amount is $482,448. The loan was approved on 04/10/2020 by The BankPlus reported 33 jobs and $482,448 was used to fund payroll.

Source production & equipment co., inc. is Existing or more than 2 years old

PPP Loan Search / LA / St. Rose / Source production & equipment co., inc.

SOURCE PRODUCTION & EQUIPMENT CO., INC.

Date Approved

04/10/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

SOURCE PRODUCTION & EQUIPMENT CO., INC.

Borrower Address

113 Teal St.

Borrower City

St. Rose

Borrower State

LA

Borrower Zip

70087-4022

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

482448.00

Current Approval Amount

482448.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39099

Servicing Lender Name

BankPlus

Servicing Lender Address

202 E Jackson St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3524

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

St. Rose

Project County Name

SAINT CHARLES

Project State

LA

Project Zip

70087-4022

CD

LA-06

Jobs Reported

33

NAICS Code

238290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

120129.55

Payroll Proceed

362318.45

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

39099

Originating Lender

BankPlus

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

475075.59

Forgiveness Date

11/03/2020

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