Reagan Power & Compression, LLC

$1,994,743 PPP Loan in Broussard, Louisiana

Loan Details

Loan Number
1865257210
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,994,743
Current Approval
$1,994,743
Forgiveness Amount
$2,025,993
Forgiveness Date
Nov 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reagan Power & Compression, LLC
Address
1347 Evangeline Thruway
ZIP Code
70518
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (333914)
Business Age
Existing or more than 2 years old
Jobs Reported
129
Estimated Revenue
$33.8M
Rural/Urban
Urban
Congressional District
LA-03

Loan Use Breakdown

Payroll
$1,994,743

Lender Information

Servicing Lender
Hancock Whitney Bank
Originating Lender
Hancock Whitney Bank

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