Musson-Patout Automotive Group

$454,600 PPP Loan in New Iberia, Louisiana

Loan Details

Loan Number
4038927101
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$454,600
Current Approval
$454,600
Forgiveness Amount
$459,828
Forgiveness Date
Jun 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Musson-Patout Automotive Group
Address
214 W Highway 90
ZIP Code
70560-9506
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$9.6M
Rural/Urban
Urban
Congressional District
LA-03

Loan Use Breakdown

Payroll
$454,600

Lender Information

Servicing Lender
Hancock Whitney Bank
Originating Lender
Hancock Whitney Bank

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