PPP borrower record
PALA GROUP INC PPP loan record
Public SBA PPP loan record for PALA GROUP INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$5,774,400
Approved amount
$5,840,845
Forgiven amount
2020-04-05
Date approved
Borrower and loan details
Borrower
PALA GROUP INC
Loan number
5362707003
Business type
Employee Stock Ownership Plan(ESOP)
Business age
Existing or more than 2 years old
Borrower city
Baton Rouge
Borrower state
Louisiana
Borrower ZIP
70816
Jobs reported
351
Loan status
Exemption 4
Forgiveness date
2021-06-11
Servicing lender
Gulf Coast Bank
Originating lender
Gulf Coast Bank
Reported use of proceeds
Payroll
$5,774,400
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.