PPP Loan information for First american insurance agency

$101,575

First american insurance agency was initially approved for PPP Loan of amount $101,575, the current approved amount is $101,575. The loan was approved on 04/15/2020 by The Westfield Bank reported 13 jobs and $101,575 was used to fund payroll.

First american insurance agency is Existing or more than 2 years old

FIRST AMERICAN INSURANCE AGENCY

Date Approved

04/15/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

FIRST AMERICAN INSURANCE AGENCY

Borrower Address

510 FRONT ST

Borrower City

CHICOPEE

Borrower State

MA

Borrower Zip

01013-3110

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101575.00

Current Approval Amount

101575.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33436

Servicing Lender Name

Westfield Bank

Servicing Lender Address

141 Elm St

Servicing Lender City

WESTFIELD

Servicing Lender State

MA

Servicing Lender Zip

01085-2910

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHICOPEE

Project County Name

HAMPDEN

Project State

MA

Project Zip

01013-3110

CD

MA-01

Jobs Reported

13

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

101575.00

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

33436

Originating Lender

Westfield Bank

Originating Lender City

WESTFIELD

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

102260.63

Forgiveness Date

12/28/2020

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