Legacy of Farmerville LLC

$221,545 PPP Loan in Farmerville, Louisiana

Loan Details

Loan Number
9564067008
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$221,545
Current Approval
$221,545
Forgiveness Amount
$223,372
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Legacy of Farmerville LLC
Address
1001 Sterlington Hwy
ZIP Code
71241-3809
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
New Business or 2 years or less
Jobs Reported
23
Estimated Revenue
$5.8M
Rural/Urban
Rural
Congressional District
LA-04

Loan Use Breakdown

Payroll
$159,654
Rent
$15,000
Utilities
$3,500
Mortgage Interest
$7,691
Debt Interest
$35,700

Lender Information

Servicing Lender
Louisiana National Bank
Originating Lender
Louisiana National Bank

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