Bayou State Automotive Group, LLC
$667,156 PPP Loan in La Place, Louisiana
Loan Details
- Loan Number
- 1918987102
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $667,156
- Current Approval
- $667,156
- Forgiveness Amount
- $674,309
- Forgiveness Date
- May 6, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Bayou State Automotive Group, LLC
- Address
- 555 Belle Terre Blvd
- City
- La Place
- State
- Louisiana
- ZIP Code
- 70068-1718
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 103
- Estimated Revenue
- $26.0M
- Rural/Urban
- Urban
- Congressional District
- LA-02
Loan Use Breakdown
- Payroll
- $518,452
- Rent
- $50,000
- Utilities
- $48,000
- Health Care
- $50,704
Lender Information
- Servicing Lender
- Hancock Whitney Bank
- Originating Lender
- Hancock Whitney Bank
Other PPP Loans in La Place, LA
| Business | Approved | |
|---|---|---|
| All Star Electric, Inc. | $3,151,000 | |
| All Star Electric INC | $2,000,000 | |
| Clb Investments LLC | $2,000,000 | |
| Clb Investments LLC | $1,460,208 | |
| V. J. Rollo Security Services, Inc. | $697,063 |
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