PPP Loan information for The arc of morehouse

$218,343

The arc of morehouse was initially approved for PPP Loan of amount $218,343, the current approved amount is $218,343. The loan was approved on 04/13/2020 by The Loan Source Incorporated reported 129 jobs and $218,343 was used to fund payroll.

The arc of morehouse is New Business or 2 years or less

PPP Loan Search / LA / BASTROP / The arc of morehouse

THE ARC OF MOREHOUSE

Date Approved

04/13/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

THE ARC OF MOREHOUSE

Borrower Address

10640 LUCY HUDSON DRIVE

Borrower City

BASTROP

Borrower State

LA

Borrower Zip

71220-1838

Loan Status Date

11/20/2021

Loan Status

Charged Off

Term

2

SBA Guaranty Percentage

100

Initial Approval Amount

218342.50

Current Approval Amount

218342.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BASTROP

Project County Name

MOREHOUSE

Project State

LA

Project Zip

71220-1838

CD

LA-05

Jobs Reported

129

NAICS Code

813311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

218342.50

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

Non-Profit Organization

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

0.00

Forgiveness Date

;