Morel G. Lemoine Distributor, Inc.

$215,849 PPP Loan in New Roads, Louisiana

Loan Details

Loan Number
8156507005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$215,849
Current Approval
$215,849
Forgiveness Amount
$217,404
Forgiveness Date
Jan 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Morel G. Lemoine Distributor, Inc.
Address
1932 Hospital Road
ZIP Code
70760-3911
Business Type
Corporation
Industry (NAICS)
Retail Trade (454310)
Business Age
New Business or 2 years or less
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
LA-05

Loan Use Breakdown

Payroll
$194,264
Utilities
$21,585

Lender Information

Servicing Lender
The Cottonport Bank
Originating Lender
The Cottonport Bank

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