B&g Capital & Gulf Coast Ventures, LLC

$1,681,200 PPP Loan in Morgan City, Louisiana

Loan Details

Loan Number
5463407006
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,681,200
Current Approval
$1,681,200
Forgiveness Amount
$1,702,682
Forgiveness Date
Jul 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
B&g Capital & Gulf Coast Ventures, LLC
Address
1430 Sandra St
ZIP Code
70380-2136
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Taco Bell
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$88.8M
Rural/Urban
Urban
Congressional District
LA-03

Loan Use Breakdown

Payroll
$1,261,200
Rent
$250,000
Utilities
$150,000
Health Care
$20,000

Lender Information

Servicing Lender
B1bank
Originating Lender
B1bank

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