Nugent Steel & Supply Co INC

$438,200 PPP Loan in Port Allen, Louisiana

Loan Details

Loan Number
6063377103
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$438,200
Current Approval
$438,200
Forgiveness Amount
$443,507
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Nugent Steel & Supply Co INC
Address
1800 South Westport Drive
ZIP Code
70767-6129
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (331210)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$8.4M
Rural/Urban
Rural
Congressional District
LA-02

Loan Use Breakdown

Payroll
$328,650
Utilities
$109,550

Lender Information

Servicing Lender
Gulf Coast Bank and Trust Company
Originating Lender
Gulf Coast Bank and Trust Company

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