PPP Loan information for Terrebonne arc

$1,216,500

Terrebonne arc was initially approved for PPP Loan of amount $1,216,500, the current approved amount is $1,216,500. The loan was approved on 04/28/2020 by The South Louisiana Bank reported 175 jobs and $1,216,500 was used to fund payroll.

Terrebonne arc is Existing or more than 2 years old

PPP Loan Search / LA / HOUMA / Terrebonne arc

TERREBONNE ARC

Date Approved

04/28/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

TERREBONNE ARC

Borrower Address

1 MCCORD RD

Borrower City

HOUMA

Borrower State

LA

Borrower Zip

70363-5547

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1216500.00

Current Approval Amount

1216500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28293

Servicing Lender Name

South Louisiana Bank

Servicing Lender Address

1362 W Tunnel Blvd

Servicing Lender City

HOUMA

Servicing Lender State

LA

Servicing Lender Zip

70360-2731

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOUMA

Project County Name

TERREBONNE

Project State

LA

Project Zip

70363-5547

CD

LA-01

Jobs Reported

175

NAICS Code

623990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

32000.00

Payroll Proceed

984000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

200500.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

28293

Originating Lender

South Louisiana Bank

Originating Lender City

HOUMA

Originating Lender State

LA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1225894.08

Forgiveness Date

02/09/2021

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