PPP Loan information for Advantage 1 insurance agency, inc.

$387,500

Advantage 1 insurance agency, inc. was initially approved for PPP Loan of amount $387,500, the current approved amount is $387,500. The loan was approved on 04/04/2020 by The Loan Source Incorporated reported 36 jobs and $387,500 was used to fund payroll.

Advantage 1 insurance agency, inc. is Existing or more than 2 years old

PPP Loan Search / MN / SAINT CLOUD / Advantage 1 insurance agency, inc.

ADVANTAGE 1 INSURANCE AGENCY, INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ADVANTAGE 1 INSURANCE AGENCY, INC.

Borrower Address

3801 North 3rd St.

Borrower City

SAINT CLOUD

Borrower State

MN

Borrower Zip

56303

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

387500.00

Current Approval Amount

387500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT CLOUD

Project County Name

STEARNS

Project State

MN

Project Zip

56303-0001

CD

MN-06

Jobs Reported

36

NAICS Code

524210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2500.00

Payroll Proceed

319393.00

Mortgage Interest Proceed

13000.00

Rent Proceed

27078.00

Refinance EIDL Proceed

0.00

Health Care Proceed

25529.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

391162.67

Forgiveness Date

03/25/2021

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