PPP Loan information for Central minnesota insurance agency, llc

$54,800

Central minnesota insurance agency, llc was initially approved for PPP Loan of amount $54,800, the current approved amount is $54,800. The loan was approved on 08/03/2020 by The Magnifi Financial CU reported 5 jobs and $54,800 was used to fund payroll.

Central minnesota insurance agency, llc is Existing or more than 2 years old

CENTRAL MINNESOTA INSURANCE AGENCY, LLC

Date Approved

08/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CENTRAL MINNESOTA INSURANCE AGENCY, LLC

Borrower Address

113 W James St

Borrower City

Paynesville

Borrower State

MN

Borrower Zip

56362

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

54800.00

Current Approval Amount

54800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Paynesville

Project County Name

STEARNS

Project State

MN

Project Zip

56362-0001

CD

MN-07

Jobs Reported

5

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

54800.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55145.32

Forgiveness Date

03/30/2021

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