PPP Loan information for Traco production services, inc.

$670,800

Traco production services, inc. was initially approved for PPP Loan of amount $670,800, the current approved amount is $670,800. The loan was approved on 04/07/2020 by The South Louisiana Bank reported 39 jobs and $670,800 was used to fund payroll.

Traco production services, inc. is New Business or 2 years or less

PPP Loan Search / LA / YOUNGSVILLE / Traco production services, inc.

TRACO PRODUCTION SERVICES, INC.

Date Approved

04/07/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

TRACO PRODUCTION SERVICES, INC.

Borrower Address

425 GRIFFIN RD

Borrower City

YOUNGSVILLE

Borrower State

LA

Borrower Zip

70592-5517

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

670800.00

Current Approval Amount

670800.00

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

N

Business Age Description

New Business or 2 years or less

Project City

YOUNGSVILLE

Project County Name

LAFAYETTE

Project State

LA

Project Zip

70592-5517

CD

LA-03

Jobs Reported

39

NAICS Code

213112

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

134160.00

Payroll Proceed

536640.00

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

Subchapter S Corporation

Originating Lender Location Id

28293

Originating Lender

South Louisiana Bank

Originating Lender City

HOUMA

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

271170.30

Forgiveness Date

08/24/2021

;