Modern American Recycling
$395,718 PPP Loan in Gibson, Louisiana
Loan Details
- Loan Number
- 9502928606
- Date Approved
- Mar 26, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $395,718
- Current Approval
- $395,718
- Forgiveness Amount
- $402,280
- Forgiveness Date
- Nov 28, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Modern American Recycling
- Address
- 499 Powhattan Court
- City
- Gibson
- State
- Louisiana
- ZIP Code
- 70356
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423930)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 14
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- LA-06
Loan Use Breakdown
- Payroll
- $395,712
- Utilities
- $1
Lender Information
- Servicing Lender
- Hancock Whitney Bank
- Originating Lender
- Hancock Whitney Bank
Other PPP Loans in Gibson, LA
| Business | Approved | |
|---|---|---|
| Shore Construction, LLC | $1,824,100 | |
| Shore Logistics, LLC | $644,400 | |
| Shore Logistics LLC | $625,457 | |
| Modern American Recycling Services, Inc. | $395,700 | |
| Shore Offshore Services, LLC | $295,600 |
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