Economical Wholesale Inc.

$152,539 PPP Loan in Belle Rose, Louisiana

Loan Details

Loan Number
6968647008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$152,539
Current Approval
$152,539
Forgiveness Amount
$153,865
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Economical Wholesale Inc.
Address
6721 Hwy 1
ZIP Code
70341-9999
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (425120)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
$6.0M
Rural/Urban
Rural
Congressional District
LA-02

Loan Use Breakdown

Payroll
$122,031
Utilities
$7,627
Health Care
$7,000
Mortgage Interest
$15,881

Lender Information

Servicing Lender
First American Bank & Trust
Originating Lender
First American Bank & Trust

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