AMERICAN LEGION POST 387 (LA) - 2020 PPP Loan Borrower Profile (# 4258217309)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN LEGION POST 387. 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

4258217309

SBA Office Code

0679

Processing Method

PPP

Curent Loan Amount

$14,947

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$15,015.92

Date Loan was Forgiven

Oct 14, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,990

Payroll Proced

11,957

Lender

Merchants & Farmers Bank & Trust Company

Business Detail

Business Type

Non-Profit Organization

NAICS

813410

Borrower Location

NEW LLANO, LA

Project Location

NEW LLANO, LA

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.