Reagan Power & Compression LLC

$1,942,535 PPP Loan in Broussard, Louisiana

Loan Details

Loan Number
4928628604
Date Approved
Mar 20, 2021
Loan Status
Paid in Full
Initial Approval
$1,942,535
Current Approval
$1,942,535
Forgiveness Amount
$1,962,014
Forgiveness Date
Mar 21, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Reagan Power & Compression LLC
Address
1347 SE Evangeline Thruway
ZIP Code
70518-8018
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (333914)
Business Age
Existing or more than 2 years old
Jobs Reported
129
Estimated Revenue
$33.8M
Rural/Urban
Rural
Congressional District
LA-03

Loan Use Breakdown

Payroll
$1,942,529
Utilities
$1

Lender Information

Servicing Lender
Hancock Whitney Bank
Originating Lender
Hancock Whitney Bank

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