Conrad Industries, Inc.

$8,091,000 PPP Loan in Morgan City, Louisiana

Loan Details

Loan Number
3041047104
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$8,091,000
Current Approval
$8,091,000
Forgiveness Amount
$8,185,170
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Conrad Industries, Inc.
Address
1100 Brashear Ave
ZIP Code
70380-1930
Business Type
Corporation
Industry (NAICS)
Manufacturing (336611)
Business Age
Existing or more than 2 years old
Jobs Reported
473
Estimated Revenue
$123.8M
Rural/Urban
Urban
Congressional District
LA-03

Loan Use Breakdown

Payroll
$6,091,000
Utilities
$500,000
Health Care
$1,250,000
Debt Interest
$250,000

Lender Information

Servicing Lender
Hancock Whitney Bank
Originating Lender
Hancock Whitney Bank

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