Ray Brandt Motors of Mississippi, LLC

$734,500 PPP Loan in Metairie, Louisiana

Loan Details

Loan Number
7214157110
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$734,500
Current Approval
$734,500
Forgiveness Amount
$739,213
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Ray Brandt Motors of Mississippi, LLC
Address
3223 8th St Suite 300
ZIP Code
70002-2015
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Mercedes-Benz - Commercial - Light Truck Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
63
Estimated Revenue
$15.9M
Rural/Urban
Urban
Congressional District
LA-01

Loan Use Breakdown

Payroll
$734,500

Lender Information

Servicing Lender
Hancock Whitney Bank
Originating Lender
Hancock Whitney Bank

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