Palmetto Addiction Recovery Center, Inc.

$549,050 PPP Loan in Rayville, Louisiana

Loan Details

Loan Number
5257297107
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$549,050
Current Approval
$549,050
Forgiveness Amount
$552,131
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Palmetto Addiction Recovery Center, Inc.
Address
86 Palmetto Rd
ZIP Code
71269-6415
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (621420)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$7.7M
Rural/Urban
Rural
Congressional District
LA-05

Loan Use Breakdown

Payroll
$411,788
Utilities
$137,263

Lender Information

Servicing Lender
Franklin State Bank & Trust Company
Originating Lender
Franklin State Bank & Trust Company

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