Asc, LLC

$786,758 PPP Loan in French Settlement, Louisiana

Loan Details

Loan Number
6457177203
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$786,758
Current Approval
$786,758
Forgiveness Amount
$793,375
Forgiveness Date
Mar 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Asc, LLC
Address
17141 Simon Lane
ZIP Code
70733-9999
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (812111)
Business Age
Existing or more than 2 years old
Jobs Reported
114
Estimated Revenue
$21.8M
Rural/Urban
Rural
Congressional District
LA-06

Loan Use Breakdown

Payroll
$647,454
Rent
$80,000
Utilities
$20,000
Health Care
$39,304

Lender Information

Servicing Lender
Farmers-Merchants Bank & Trust Company
Originating Lender
Farmers-Merchants Bank & Trust Company

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