The Lofton Corporation

$9,299,500 PPP Loan in Baton Rouge, Louisiana

Loan Details

Loan Number
5709617109
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$9,299,500
Current Approval
$9,299,500
Forgiveness Amount
$9,439,251
Forgiveness Date
Oct 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Lofton Corporation
Address
9414 Interline Ave
ZIP Code
70809-1911
Business Type
Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561330)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$78.7M
Rural/Urban
Urban
Congressional District
LA-06

Loan Use Breakdown

Payroll
$9,299,500

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
Iberiabank, a Division of First Horizon Bank

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