Posigen, INC

$2,208,100 PPP Loan in New Orleans, Louisiana

Loan Details

Loan Number
1683227102
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$2,208,100
Current Approval
$2,731,400
Forgiveness Amount
$2,763,494
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Posigen, INC
Address
819 Central Ave. Ste. 210
ZIP Code
70121-1304
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
244
Estimated Revenue
$80.3M
Rural/Urban
Urban
Congressional District
LA-01

Loan Use Breakdown

Payroll
$2,048,550
Utilities
$682,850

Lender Information

Servicing Lender
Gulf Coast Bank and Trust Company
Originating Lender
Gulf Coast Bank and Trust Company

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