National Electric Motor Service Co

$294,515 PPP Loan in Baton Rouge, Louisiana

Loan Details

Loan Number
8241648307
Date Approved
Jan 29, 2021
Loan Status
Paid in Full
Initial Approval
$294,515
Current Approval
$294,515
Forgiveness Amount
$296,634
Forgiveness Date
Oct 20, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
National Electric Motor Service Co
Address
11048 Cloverland Ave
ZIP Code
70809-4223
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$6.1M
Rural/Urban
Urban
Congressional District
LA-06

Loan Use Breakdown

Payroll
$294,514

Lender Information

Servicing Lender
Home Bank, National Association
Originating Lender
Home Bank, National Association

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