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Abell & Son INC

$258,729 PPP Loan in Welsh, Louisiana

Loan Details

Loan Number
7288177010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$258,729
Current Approval
$258,729
Forgiveness Amount
$260,195
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Abell & Son INC
Address
220 S. Adams Street
City
Welsh
State
Louisiana
ZIP Code
70591-4204
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423820)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$7.0M
Rural/Urban
Rural
Congressional District
LA-03

Loan Use Breakdown

Payroll
$194,047
Utilities
$64,682

Lender Information

Servicing Lender
Merchants & Farmers Bank & Trust Company
Originating Lender
Merchants & Farmers Bank & Trust Company

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