Elmer Candy Corporation

$1,835,700 PPP Loan in Ponchatoula, Louisiana

Loan Details

Loan Number
6906917000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,835,700
Current Approval
$1,835,700
Forgiveness Amount
$1,846,051
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Elmer Candy Corporation
Address
401 North Fifth Street
ZIP Code
70454-2458
Business Type
Corporation
Industry (NAICS)
Manufacturing (311352)
Business Age
Existing or more than 2 years old
Jobs Reported
268
Estimated Revenue
$94.6M
Rural/Urban
Rural
Congressional District
LA-01

Loan Use Breakdown

Payroll
$1,400,000
Utilities
$160,000
Health Care
$59,700
Mortgage Interest
$159,000
Debt Interest
$57,000

Lender Information

Servicing Lender
Hancock Whitney Bank
Originating Lender
Hancock Whitney Bank

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