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M&j Valve Services INC

$2,054,500 PPP Loan in Lafayette, Louisiana

Loan Details

Loan Number
3540677110
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$2,054,500
Current Approval
$2,054,500
Forgiveness Amount
$2,078,869
Forgiveness Date
Jun 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
M&j Valve Services INC
Address
110 Gill Dr
City
Lafayette
State
Louisiana
ZIP Code
70507-5402
Business Type
Corporation
Industry (NAICS)
Manufacturing (332911)
Business Age
Existing or more than 2 years old
Jobs Reported
134
Estimated Revenue
$32.8M
Rural/Urban
Urban
Congressional District
LA-03

Loan Use Breakdown

Payroll
$1,722,858
Rent
$23,442
Utilities
$6,000
Health Care
$280,000
Mortgage Interest
$7,200
Debt Interest
$15,000

Lender Information

Servicing Lender
Hancock Whitney Bank
Originating Lender
Hancock Whitney Bank

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