Berard Transportation, Inc.
$1,290,250 PPP Loan in New Iberia, Louisiana
Loan Details
- Loan Number
- 2912097709
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,290,250
- Current Approval
- $1,290,250
- Forgiveness Amount
- $1,305,915
- Forgiveness Date
- Jul 22, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Berard Transportation, Inc.
- Address
- 3214 W. Admiral Doyle Dr.
- City
- New Iberia
- State
- Louisiana
- ZIP Code
- 70560
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Transportation and Warehousing (484230)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 71
- Estimated Revenue
- $16.2M
- Rural/Urban
- Urban
- Congressional District
- LA-03
Loan Use Breakdown
- Payroll
- $1,026,250
- Rent
- $56,000
- Utilities
- $18,000
- Health Care
- $132,000
- Mortgage Interest
- $58,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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