Houma Tractor and Equipment INC

$173,000 PPP Loan in Houma, Louisiana

Loan Details

Loan Number
7082367002
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$173,000
Current Approval
$173,000
Forgiveness Amount
$174,312
Forgiveness Date
Jan 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Houma Tractor and Equipment INC
Address
165 Simmons Dr
City
Houma
ZIP Code
70363-4972
Business Type
Corporation
Industry (NAICS)
Retail Trade (444210)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
LA-01

Loan Use Breakdown

Payroll
$129,750
Rent
$10,000
Utilities
$3,000
Health Care
$24,250
Debt Interest
$6,000

Lender Information

Servicing Lender
Synergy Bank
Originating Lender
Synergy Bank

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