L & M Botruc Payroll, LLC

$1,790,200 PPP Loan in Galliano, Louisiana

Loan Details

Loan Number
5172577000
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,790,200
Current Approval
$1,790,200
Forgiveness Amount
$1,813,274
Forgiveness Date
Jul 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
L & M Botruc Payroll, LLC
Address
18692 Main St
ZIP Code
70354-3908
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
116
Estimated Revenue
$7.0M
Rural/Urban
Urban
Congressional District
LA-01

Loan Use Breakdown

Payroll
$1,600,000
Rent
$50,000
Utilities
$85,000
Debt Interest
$55,200

Lender Information

Servicing Lender
South Louisiana Bank
Originating Lender
South Louisiana Bank

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