AGI INDUSTRIES ESOP (LA) - 2020 PPP Loan Borrower Profile (# 6285978609)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AGI INDUSTRIES ESOP. 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

6285978609

SBA Office Code

0679

Processing Method

PPS

Curent Loan Amount

$2,000,000

Date Loan was Approved

Mar 23, 2021

Amount Forgiven

$2,018,444.44

Date Loan was Forgiven

Mar 2, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

1,999,997

Lender

First Horizon Bank

Business Detail

Business Type

Corporation

NAICS

423830

Borrower Location

Lafayette, LA

Project Location

Lafayette, LA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

132

Business Age Description

Existing or more than 2 years old

Data Source: SBA.