Arsement Machine & Supply, Inc.

$187,382 PPP Loan in Carencro, Louisiana

Loan Details

Loan Number
1178078307
Date Approved
Jan 16, 2021
Loan Status
Paid in Full
Initial Approval
$187,382
Current Approval
$187,382
Forgiveness Amount
$189,600
Forgiveness Date
Mar 31, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Arsement Machine & Supply, Inc.
Address
4678 NE Evangeline Thruway
ZIP Code
70520
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
LA-03

Loan Use Breakdown

Payroll
$187,380
Utilities
$1

Lender Information

Servicing Lender
Rayne State Bank & Trust Company
Originating Lender
Rayne State Bank & Trust Company

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