Cajun Power Industrial Services

$724,995 PPP Loan in Broussard, Louisiana

Loan Details

Loan Number
6344277202
Date Approved
Apr 28, 2020
Loan Status
Charged Off
Initial Approval
$724,995
Current Approval
$724,995
Forgiveness Amount
$262,379
Forgiveness Date
Oct 4, 2021
Term
3 months
Draw
First Draw

Business Information

Business Name
Cajun Power Industrial Services
Address
217 Old Farm Rd
ZIP Code
70518-4223
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Unanswered
Jobs Reported
40
Estimated Revenue
$8.6M
Rural/Urban
Urban
Congressional District
LA-03

Loan Use Breakdown

Payroll
$687,995
Rent
$12,500
Utilities
$13,000
Health Care
$8,000
Mortgage Interest
$3,500

Lender Information

Servicing Lender
Community First Bank
Originating Lender
Community First Bank

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