Forest Motel, Inc.
$257,787 PPP Loan in Franklin, Louisiana
Loan Details
- Loan Number
- 8433497003
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $257,787
- Current Approval
- $261,695
- Forgiveness Amount
- $264,217
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Forest Motel, Inc.
- Address
- 1909 Main St
- City
- Franklin
- State
- Louisiana
- ZIP Code
- 70538-3117
- Business Type
- Corporation
- Industry (NAICS)
- Accommodation and Food Services (721110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 43
- Estimated Revenue
- $13.4M
- Rural/Urban
- Urban
- Congressional District
- LA-03
Loan Use Breakdown
- Payroll
- $234,617
- Utilities
- $15,663
- Health Care
- $8,257
- Debt Interest
- $3,158
Lender Information
- Servicing Lender
- The First National Bank of Jeanerette
- Originating Lender
- The First National Bank of Jeanerette
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