National Electric Motor & Supply INC

$302,300 PPP Loan in Baton Rouge, Louisiana

Loan Details

Loan Number
5270667203
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$302,300
Current Approval
$302,300
Forgiveness Amount
$303,988
Forgiveness Date
Nov 24, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
National Electric Motor & Supply INC
Address
11048 Cloverland Ave
ZIP Code
70809
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Unanswered
Jobs Reported
20
Estimated Revenue
$6.1M
Rural/Urban
Urban
Congressional District
LA-06

Loan Use Breakdown

Payroll
$302,300

Lender Information

Servicing Lender
Home Bank, National Association
Originating Lender
Home Bank, National Association

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