New Orleans Iron Works

$1,277,800 PPP Loan in Belle Chasse, Louisiana

Loan Details

Loan Number
3250557100
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,277,800
Current Approval
$1,277,800
Forgiveness Amount
$1,289,762
Forgiveness Date
Mar 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
New Orleans Iron Works
Address
220 Walker Rd
ZIP Code
70037-4334
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332312)
Business Age
New Business or 2 years or less
Jobs Reported
81
Estimated Revenue
$19.8M
Rural/Urban
Urban
Congressional District
LA-01

Loan Use Breakdown

Payroll
$1,186,009
Rent
$67,632
Utilities
$24,159

Lender Information

Servicing Lender
Hancock Whitney Bank
Originating Lender
Hancock Whitney Bank

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