PPP Loan information for The arc of greater new orleans

$1,299,600

The arc of greater new orleans was initially approved for PPP Loan of amount $1,299,600, the current approved amount is $1,299,600. The loan was approved on 04/13/2020 by The Gulf Coast Bank and Trust Company reported 235 jobs and $1,299,600 was used to fund payroll.

The arc of greater new orleans is Existing or more than 2 years old

PPP Loan Search / LA / METAIRIE / The arc of greater new orleans

THE ARC OF GREATER NEW ORLEANS

Date Approved

04/13/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

THE ARC OF GREATER NEW ORLEANS

Borrower Address

925 Labarre Road

Borrower City

METAIRIE

Borrower State

LA

Borrower Zip

70001

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1299600.00

Current Approval Amount

1299600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116770

Servicing Lender Name

Gulf Coast Bank and Trust Company

Servicing Lender Address

200 St. Charles Ave

Servicing Lender City

NEW ORLEANS

Servicing Lender State

LA

Servicing Lender Zip

70130-2903

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

METAIRIE

Project County Name

JEFFERSON

Project State

LA

Project Zip

70001-1000

CD

LA-01

Jobs Reported

235

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

324900.00

Payroll Proceed

974700.00

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

Non-Profit Organization

Originating Lender Location Id

116770

Originating Lender

Gulf Coast Bank and Trust Company

Originating Lender City

NEW ORLEANS

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1313354.10

Forgiveness Date

05/13/2021

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