Rene's Industries Inc.

$711,262 PPP Loan in Belle Rose, Louisiana

Loan Details

Loan Number
7019937004
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$711,262
Current Approval
$711,262
Forgiveness Amount
$717,189
Forgiveness Date
Feb 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rene's Industries Inc.
Address
6970 Highway 70 North
ZIP Code
70341-5718
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484220)
Business Age
Existing or more than 2 years old
Jobs Reported
53
Estimated Revenue
$14.1M
Rural/Urban
Rural
Congressional District
LA-02

Loan Use Breakdown

Payroll
$650,262
Rent
$5,000
Utilities
$6,000
Health Care
$30,000
Debt Interest
$20,000

Lender Information

Servicing Lender
The First Bank
Originating Lender
The First Bank

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