PPP Loan information for Commonwealth insurance center agency inc

$247,600

Commonwealth insurance center agency inc was initially approved for PPP Loan of amount $247,600, the current approved amount is $247,600. The loan was approved on 04/07/2020 by The Newport News Shipbuilding Empl CU Inc d/b/a BayPort CU reported 33 jobs and $247,600 was used to fund payroll.

Commonwealth insurance center agency inc is Existing or more than 2 years old

COMMONWEALTH INSURANCE CENTER AGENCY INC

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

COMMONWEALTH INSURANCE CENTER AGENCY INC

Borrower Address

925 CAPITOL LANDING RD ste a

Borrower City

WILLIAMSBURG

Borrower State

VA

Borrower Zip

23185-4348

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

247600.00

Current Approval Amount

247600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

107246

Servicing Lender Name

Newport News Shipbuilding Empl CU Inc d/b/a BayPort CU

Servicing Lender Address

One Bayport Way, Ste 350

Servicing Lender City

NEWPORT NEWS

Servicing Lender State

VA

Servicing Lender Zip

23606-4571

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WILLIAMSBURG

Project County Name

WILLIAMSBURG CITY

Project State

VA

Project Zip

23185-4348

CD

VA-01

Jobs Reported

33

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

247600.00

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

107246

Originating Lender

Newport News Shipbuilding Empl CU Inc d/b/a BayPort CU

Originating Lender City

NEWPORT NEWS

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

249146.65

Forgiveness Date

11/27/2020

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