St Mary Sugar Cooperative INC

$1,422,812 PPP Loan in Jeanerette, Louisiana

Loan Details

Loan Number
7391697000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,422,812
Current Approval
$1,422,812
Forgiveness Amount
$1,430,756
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
St Mary Sugar Cooperative INC
Address
20056 Highway 182 W
ZIP Code
70544-8532
Business Type
Cooperative
Industry (NAICS)
Manufacturing (311314)
Business Age
Existing or more than 2 years old
Jobs Reported
102
Estimated Revenue
$36.0M
Rural/Urban
Urban
Congressional District
LA-03

Loan Use Breakdown

Payroll
$683,000
Rent
$326,812
Utilities
$65,000
Health Care
$162,000
Mortgage Interest
$92,000
Debt Interest
$94,000

Lender Information

Servicing Lender
The First National Bank of Jeanerette
Originating Lender
The First National Bank of Jeanerette

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