PPP Loan information for Equity insurance company

$938,540

Equity insurance company was initially approved for PPP Loan of amount $938,540, the current approved amount is $938,540. The loan was approved on 04/27/2020 by The Extraco Banks, National Association reported 71 jobs and $938,540 was used to fund payroll.

Equity insurance company is Existing or more than 2 years old

EQUITY INSURANCE COMPANY

Date Approved

04/27/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

EQUITY INSURANCE COMPANY

Borrower Address

4315 Lake Shore Drive STE J

Borrower City

WACO

Borrower State

TX

Borrower Zip

76710-1970

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

938540.00

Current Approval Amount

938540.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71966

Servicing Lender Name

Extraco Banks, National Association

Servicing Lender Address

18 S Main St

Servicing Lender City

TEMPLE

Servicing Lender State

TX

Servicing Lender Zip

76501-7652

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WACO

Project County Name

MCLENNAN

Project State

TX

Project Zip

76710-1970

CD

TX-17

Jobs Reported

71

NAICS Code

524126

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

156423.33

Payroll Proceed

703905.00

Mortgage Interest Proceed

0.00

Rent Proceed

78211.67

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

71966

Originating Lender

Extraco Banks, National Association

Originating Lender City

TEMPLE

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

945379.77

Forgiveness Date

01/27/2021

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