Team Bg & Associates Lmc

$375,045 PPP Loan in Mandeville, Louisiana

Loan Details

Loan Number
1346467103
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$375,045
Current Approval
$375,045
Forgiveness Amount
$378,035
Forgiveness Date
Jan 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Team Bg & Associates Lmc
Address
68350 Tammany Trace
ZIP Code
70471
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423120)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$10.1M
Rural/Urban
Urban
Congressional District
LA-01

Loan Use Breakdown

Payroll
$300,036
Rent
$28,183
Utilities
$4,419
Health Care
$17,677
Mortgage Interest
$17,113
Debt Interest
$7,617

Lender Information

Servicing Lender
Bankplus
Originating Lender
Bankplus

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