Affordable Rent to Own, LLC

$2,539,700 PPP Loan in Lafayette, Louisiana

Loan Details

Loan Number
2293197105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$2,539,700
Current Approval
$2,539,700
Forgiveness Amount
$2,568,342
Forgiveness Date
May 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Affordable Rent to Own, LLC
Address
3118 Pinhook Rd
ZIP Code
70508-3444
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Real Estate and Rental and Leasing (532289)
Business Age
Existing or more than 2 years old
Jobs Reported
276
Estimated Revenue
$124.7M
Rural/Urban
Urban
Congressional District
LA-03

Loan Use Breakdown

Payroll
$2,026,700
Rent
$363,000
Utilities
$135,000
Debt Interest
$15,000

Lender Information

Servicing Lender
Hancock Whitney Bank
Originating Lender
Hancock Whitney Bank

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