BAYOU RESTAURANT & LOUNGE LLC (MS) - 2020 PPP Loan Borrower Profile (# 8402457010)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to BAYOU RESTAURANT & LOUNGE LLC. 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 Mississippi.
Loan Detail
Loan Number
8402457010
SBA Office Code
0470
Processing Method
PPP
Curent Loan Amount
$37,652.2
Date Loan was Approved
Apr 8, 2020
Amount Forgiven
$38,083.11
Date Loan was Forgiven
Jun 4, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
1,710
Payroll Proced
16,842.2
Rent Proceed
7,500
Health Care Proceed
2,400
Debt Interest Proceed
9,200
Lender
The First Bank
Business Detail
Business Type
Limited Liability Company(LLC)
NAICS
722511
Borrower Location
OCEAN SPRINGS, MS
Project Location
OCEAN SPRINGS, MS
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
17
Business Age Description
New Business or 2 years or less
Data Source: SBA.