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
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

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