PPP Loan information for Vacco, inc

$722,700

Vacco, inc was initially approved for PPP Loan of amount $722,700, the current approved amount is $722,700. The loan was approved on 04/09/2020 by The South Louisiana Bank reported 141 jobs and $722,700 was used to fund payroll.

Vacco, inc is Existing or more than 2 years old

VACCO, INC

Date Approved

04/09/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

VACCO, INC

Borrower Address

501 ROUSSELL ST

Borrower City

HOUMA

Borrower State

LA

Borrower Zip

70360-4553

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

722700.00

Current Approval Amount

722700.00

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

70360-4553

CD

LA-01

Jobs Reported

141

NAICS Code

484220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30000.00

Payroll Proceed

645000.00

Mortgage Interest Proceed

25000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

22700.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

728883.10

Forgiveness Date

02/18/2021

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