PPP Loan information for Bates insurance agency inc

$265,000

Bates insurance agency inc was initially approved for PPP Loan of amount $265,000, the current approved amount is $265,000. The loan was approved on 04/15/2020 by The Synovus Bank reported 18 jobs and $265,000 was used to fund payroll.

Bates insurance agency inc is Existing or more than 2 years old

PPP Loan Search / AL / MOUNTAIN BRK / Bates insurance agency inc

BATES INSURANCE AGENCY INC

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

BATES INSURANCE AGENCY INC

Borrower Address

3521 CHEROKEE RD

Borrower City

MOUNTAIN BRK

Borrower State

AL

Borrower Zip

35223-1316

Loan Status Date

08/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

265000.00

Current Approval Amount

265000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNTAIN BRK

Project County Name

JEFFERSON

Project State

AL

Project Zip

35223-1316

CD

AL-06

Jobs Reported

18

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

265000.00

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

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

268114.66

Forgiveness Date

06/22/2021

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