PPP Loan information for Branum insurance agency inc

$69,500

Branum insurance agency inc was initially approved for PPP Loan of amount $69,500, the current approved amount is $69,500. The loan was approved on 04/14/2020 by The Commercial Bank reported 9 jobs and $69,500 was used to fund payroll.

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

BRANUM INSURANCE AGENCY INC

Date Approved

04/14/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

BRANUM INSURANCE AGENCY INC

Borrower Address

109 UNION ST

Borrower City

BARBOURVILLE

Borrower State

KY

Borrower Zip

40906-1348

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69500.00

Current Approval Amount

69500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67045

Servicing Lender Name

Commercial Bank

Servicing Lender Address

6710 Cumberland Gap Pkwy

Servicing Lender City

HARROGATE

Servicing Lender State

TN

Servicing Lender Zip

37752-8013

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

BARBOURVILLE

Project County Name

KNOX

Project State

KY

Project Zip

40906-1348

CD

KY-05

Jobs Reported

9

NAICS Code

524210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

69500.00

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

67045

Originating Lender

Commercial Bank

Originating Lender City

HARROGATE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

70222.03

Forgiveness Date

04/27/2021

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