Savard Marine Services, Inc.

$3,750,000 PPP Loan in Baton Rouge, Louisiana

Loan Details

Loan Number
2192687209
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$3,750,000
Current Approval
$3,750,000
Forgiveness Amount
$3,791,354
Forgiveness Date
May 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Savard Marine Services, Inc.
Address
1772 Wooddale Boulevard
ZIP Code
70806-1507
Business Type
Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561320)
Business Age
Existing or more than 2 years old
Jobs Reported
400
Estimated Revenue
$63.0M
Rural/Urban
Urban
Congressional District
LA-02

Loan Use Breakdown

Payroll
$3,500,000
Rent
$200,000
Utilities
$50,000

Lender Information

Servicing Lender
Transportation Alliance Bank, Inc. D/b/a Tab Bank
Originating Lender
Transportation Alliance Bank, Inc. D/b/a Tab Bank

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