New Industries, LLC
$1,713,005 PPP Loan in Morgan City, Louisiana
Loan Details
- Loan Number
- 7326567000
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,713,005
- Current Approval
- $1,713,005
- Forgiveness Amount
- $1,722,474
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- New Industries, LLC
- Address
- 6032 Railroad Avenue
- City
- Morgan City
- State
- Louisiana
- ZIP Code
- 70380-2449
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332312)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 100
- Estimated Revenue
- $24.4M
- Rural/Urban
- Urban
- Congressional District
- LA-03
Loan Use Breakdown
- Payroll
- $1,235,174
- Rent
- $266,516
- Utilities
- $65,722
- Health Care
- $135,500
- Debt Interest
- $10,093
Lender Information
- Servicing Lender
- The First National Bank of Jeanerette
- Originating Lender
- The First National Bank of Jeanerette
Other PPP Loans in Morgan City, LA
| Business | Approved | |
|---|---|---|
| Conrad Industries, Inc. | $8,091,000 |  Research |
| Allison Marine Holdings LLC | $5,074,863 | Research |
| B & G Food Enterprises INC | $3,957,400 | Research |
| B&g Food Enterprises of Texas, LLC | $3,459,700 | Research |
| Gulf South Services, Inc. | $2,379,800 | Research |
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