PPP Loan information for Community insurance group

$107,803

Community insurance group was initially approved for PPP Loan of amount $107,803, the current approved amount is $107,803. The loan was approved on 04/14/2020 by The Security State Bank reported 10 jobs and $107,803 was used to fund payroll.

Community insurance group is Existing or more than 2 years old

COMMUNITY INSURANCE GROUP

Date Approved

04/14/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

COMMUNITY INSURANCE GROUP

Borrower Address

315 Grand Ave

Borrower City

SPENCER

Borrower State

IA

Borrower Zip

51301-4142

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107803.00

Current Approval Amount

107803.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24641

Servicing Lender Name

Security State Bank

Servicing Lender Address

1 East State St

Servicing Lender City

ALGONA

Servicing Lender State

IA

Servicing Lender Zip

50511-2641

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPENCER

Project County Name

CLAY

Project State

IA

Project Zip

51301-4142

CD

IA-04

Jobs Reported

10

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1500.00

Payroll Proceed

87603.00

Mortgage Interest Proceed

3000.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10700.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24641

Originating Lender

Security State Bank

Originating Lender City

ALGONA

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

108578.58

Forgiveness Date

01/08/2021

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