ALLEN B MCLAIN SR (LA) - 2020 PPP Loan Borrower Profile (# 6457058405)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALLEN B MCLAIN SR. 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
6457058405
SBA Office Code
0679
Processing Method
PPP
Curent Loan Amount
$24,600
Date Loan was Approved
Feb 10, 2021
Amount Forgiven
$24,712.75
Date Loan was Forgiven
Jul 28, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
24,598
Lender
Bank of Erath

Business Detail

Business Type
Sole Proprietorship
NAICS
111160
Borrower Location
Abbeville, LA
Project Location
Abbeville, LA
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
8
Business Age Description
Existing or more than 2 years old
Data Source: SBA.