Power Process & Industrial, LLC

$1,313,516 PPP Loan in Deridder, Louisiana

Loan Details

Loan Number
8754507005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,313,516
Current Approval
$1,313,516
Forgiveness Amount
$1,325,703
Forgiveness Date
Mar 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Power Process & Industrial, LLC
Address
19291 Lake Charles Hwy
ZIP Code
70634-8917
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
77
Estimated Revenue
$16.5M
Rural/Urban
Rural
Congressional District
LA-04

Loan Use Breakdown

Payroll
$985,137
Utilities
$164,190
Mortgage Interest
$164,190

Lender Information

Servicing Lender
Verimore Bank
Originating Lender
Verimore Bank

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