PPP Loan information for Arzola insurance agency inc

$79,205

Arzola insurance agency inc was initially approved for PPP Loan of amount $79,205, the current approved amount is $79,205. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 14 jobs and $79,205 was used to fund payroll.

Arzola insurance agency inc is New Business or 2 years or less

ARZOLA INSURANCE AGENCY INC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ARZOLA INSURANCE AGENCY INC

Borrower Address

5742 W CERMAK RD

Borrower City

CICERO

Borrower State

IL

Borrower Zip

60804-2130

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79205.00

Current Approval Amount

79205.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

CICERO

Project County Name

COOK

Project State

IL

Project Zip

60804-2130

CD

IL-04

Jobs Reported

14

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

79205.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

70033.49

Forgiveness Date

07/15/2021

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