Advance Cnc Machine Shop INC

$143,130 PPP Loan in Saint Martinville, Louisiana

Loan Details

Loan Number
7551377107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$143,130
Current Approval
$143,130
Forgiveness Amount
$122,826
Forgiveness Date
Jul 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Advance Cnc Machine Shop INC
Address
1194 Lady of the Lake Rd
ZIP Code
70582-7712
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
LA-03

Loan Use Breakdown

Payroll
$105,630
Rent
$7,500
Utilities
$10,000
Health Care
$5,000
Mortgage Interest
$15,000

Lender Information

Servicing Lender
Community First Bank
Originating Lender
Community First Bank

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