Morel's Restaurant
$85,800 PPP Loan in New Roads, Louisiana
Loan Details
- Loan Number
- 8198007006
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $85,800
- Current Approval
- $85,800
- Forgiveness Amount
- $86,715
- Forgiveness Date
- May 6, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Morel's Restaurant
- Address
- 210 Morrison Pkwy
- City
- New Roads
- State
- Louisiana
- ZIP Code
- 70760-3567
- Business Type
- Sole Proprietorship
- Industry (NAICS)
- Accommodation and Food Services (722511)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 23
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- LA-05
Loan Use Breakdown
- Payroll
- $70,780
- Rent
- $5,500
- Utilities
- $9,520
Lender Information
- Servicing Lender
- Bankplus
- Originating Lender
- Bankplus
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