PPP Loan information for Avid insurance agency, inc.

$102,500

Avid insurance agency, inc. was initially approved for PPP Loan of amount $102,500, the current approved amount is $102,500. The loan was approved on 05/07/2020 by The Trustco Bank reported 8 jobs and $102,500 was used to fund payroll.

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

PPP Loan Search / NY / ALBANY / Avid insurance agency, inc.

AVID INSURANCE AGENCY, INC.

Date Approved

05/07/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

AVID INSURANCE AGENCY, INC.

Borrower Address

425 New Karner Rd.

Borrower City

ALBANY

Borrower State

NY

Borrower Zip

12205-3862

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102500.00

Current Approval Amount

102500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89116

Servicing Lender Name

Trustco Bank

Servicing Lender Address

1 Sarnowski Dr

Servicing Lender City

GLENVILLE

Servicing Lender State

NY

Servicing Lender Zip

12302-3503

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBANY

Project County Name

ALBANY

Project State

NY

Project Zip

12205-3862

CD

NY-20

Jobs Reported

8

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

102500.00

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

89116

Originating Lender

Trustco Bank

Originating Lender City

GLENVILLE

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

103989.10

Forgiveness Date

10/14/2021

;