ACADIANA EQUIPMENT SPECIALTY (LA) - 2020 PPP Loan Borrower Profile (# 4741587108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACADIANA EQUIPMENT SPECIALTY. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Louisiana.

Loan Detail

Loan Number

4741587108

SBA Office Code

0679

Processing Method

PPP

Curent Loan Amount

$48,817.5

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$49,056.16

Date Loan was Forgiven

Oct 14, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,500

Payroll Proced

42,317.5

Rent Proceed

5,000

Lender

Community First Bank

Business Detail

Business Type

Corporation

NAICS

532490

Borrower Location

NEW IBERIA, LA

Project Location

NEW IBERIA, LA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.