Loans Issued BY Red River Empl FCU

Loan Amount Company Name Location Lender
$150K-350K RACHEL C KING MD PA Ashdown , AR Red River Empl FCU
$350K-1M LM SAC, LLC Little rock , AR Red River Bank
$150K-350K UNITY SURVEILLANCE INC Hot springs national park , AR Red River Bank
$1-2M THE INNOVA GROUP, LLC Tucson , AZ Red River State Bank
$350K-1M THE LOUVER SHOP HOLDINGS, LLC Gainesville , GA Red River Bank
$150K-350K KLEIN CONSTRUCTION LTD. Lemont , IL Red River State Bank
$2-5M AKM, LLC Prairieville , LA Red River Bank
$2-5M BEARD CONSTRUCTION GROUP, LLC Port allen , LA Red River Bank
$2-5M BROWN INDUSTRIAL CONSTRUCTION, LLC Baton rouge , LA Red River Bank
$2-5M CANAAN LEASING LLC Alexandria , LA Red River Bank
$2-5M CENTRAL LOUISIANA SURGICAL HOSPITAL, LLC Alexandria , LA Red River Bank
$2-5M DYNAMIC ENVIRONMENTAL SERVICES, LLC Geismar , LA Red River Bank
$2-5M GILCHRIST CONSTRUCTION COMPANY, LLC Alexandria , LA Red River Bank
$2-5M SPECIALIST HOSPITAL SHREVEPORT LLC Shreveport , LA Red River Bank
$2-5M THE MAPP GROUP, LLC Baton rouge , LA Red River Bank
$2-5M VOLUNTEERS OF AMERICA OF NORTH LOUISIANA Shreveport , LA Red River Bank
$1-2M BELLEVUE BAPTIST CHURCH Alexandria , LA Red River Bank
$1-2M C-K ASSOCIATES, LLC Baton rouge , LA Red River Bank
$1-2M CATHOLIC HIGH SCHOOL Baton rouge , LA Red River Bank
$1-2M CITY TELE COIN COMPANY, INC Bossier city , LA Red River Bank
$1-2M CLEMENTS MANAGEMENT, LLC Baton rouge , LA Red River Bank
$1-2M DYNAMIC ENERGY SERVICES, LLC Geismar , LA Red River Bank
$1-2M GOLD WEEMS BRUSER SUES RUNDELL Alexandria , LA Red River Bank
$1-2M HAMM MECHANICAL LLC Shreveport , LA Red River Bank
$1-2M HAYES MANUFACTURING CO, INC Pineville , LA Red River Bank
$1-2M HOLY ANGELS RESIDENTIAL FACILITY Shreveport , LA Red River Bank
$1-2M INDUSTRIAL PARTS SPECIALTIES, LLC Port allen , LA Red River Bank
$1-2M JHA SAFETY, LLC Baton rouge , LA Red River Bank
$1-2M LEE MICHAELS JEWELERS, LLC Baton rouge , LA Red River Bank
$1-2M MASTER VAC INDUSTRIAL SERVICES, LLC Geismar , LA Red River Bank
$1-2M MERRICK, LLC Cottonport , LA Red River Bank
$1-2M METROPOLE PERSONNEL, LLC Baton rouge , LA Red River Bank
$1-2M MID STATE ORTHOPAEDIC & SPORTS MEDICINE CENTER, LLC Alexandria , LA Red River Bank
$1-2M MID-LOUISIANA ANESTHESIA CONSULTANTS Alexandria , LA Red River Bank
$1-2M MUSCULOSKELETAL INSTITUTE OF LA Shreveport , LA Red River Bank

Frequently Asked Questions (FAQs)

A1: The CARES Act, officially known as the Coronavirus Aid, Relief, and Economic Security Act, is a federal law passed in March 2020 to provide economic relief to individuals, businesses, and healthcare providers affected by the COVID-19 pandemic.

The Paycheck Protection Program (PPP) is a part of the CARES Act designed to provide forgivable loans to small businesses to help cover payroll costs, rent, and other eligible expenses during the COVID-19 pandemic.

Small businesses, nonprofits, independent contractors, and self-employed individuals were generally eligible for PPP loans. Eligibility criteria and requirements may vary, so it's essential to check with the Small Business Administration (SBA) or your lender for specific details.

PPP loans were generally calculated based on a business's average monthly payroll costs. In most cases, businesses could receive up to 2.5 times their average monthly payroll costs, up to a maximum loan amount.

Yes, PPP loans are forgivable if the funds are used for eligible expenses like payroll, rent, and utilities. A certain percentage (usually 60% or more) of the loan must be used for payroll to qualify for full forgiveness

You can apply for a PPP loan through participating lenders, such as banks and credit unions. The SBA's website provides a list of lenders who participated in the program

Required documents typically include payroll records, tax forms, and other financial documents. Consult with your lender for specific documentation requirements

Deadlines for PPP loan applications have changed over time. It's essential to check the latest deadlines on the SBA's website or with your lender.

Yes, there is a second round of PPP loans (PPP2) available to eligible businesses. Requirements and eligibility criteria for PPP2 may differ from the first round.

You can request loan forgiveness through your lender by submitting the required documentation and forms. The forgiveness application process may vary based on the size and terms of your loan.