Processors INC

$605,167 PPP Loan in Breaux Bridge, Louisiana

Loan Details

Loan Number
6585387103
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$605,167
Current Approval
$605,167
Forgiveness Amount
$611,269
Forgiveness Date
Apr 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Processors INC
Address
1093 Henderson Hwy
ZIP Code
70517-7728
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424460)
Business Age
Existing or more than 2 years old
Jobs Reported
106
Estimated Revenue
$27.3M
Rural/Urban
Rural
Congressional District
LA-03

Loan Use Breakdown

Payroll
$460,667
Rent
$800
Utilities
$120,000
Health Care
$23,700

Lender Information

Servicing Lender
Community First Bank
Originating Lender
Community First Bank

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