Banner Ford L.l.c.

$2,717,200 PPP Loan in Mandeville, Louisiana

Loan Details

Loan Number
3835537100
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$2,717,200
Current Approval
$2,717,200
Forgiveness Amount
$2,748,825
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Banner Ford L.l.c.
Address
1943 N Causeway Blvd
ZIP Code
70471-3123
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
233
Estimated Revenue
$58.7M
Rural/Urban
Urban
Congressional District
LA-01

Loan Use Breakdown

Payroll
$2,173,800
Rent
$384,500
Utilities
$54,600
Health Care
$104,300

Lender Information

Servicing Lender
Hancock Whitney Bank
Originating Lender
Hancock Whitney Bank

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