PPP Loan information for First american insurance services inc

$57,700

First american insurance services inc was initially approved for PPP Loan of amount $57,700, the current approved amount is $57,700. The loan was approved on 04/09/2020 by The First Farmers & Merchants State Bank of Grand Meadow reported 6 jobs and $57,700 was used to fund payroll.

First american insurance services inc is Change of Ownership

FIRST AMERICAN INSURANCE SERVICES INC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FIRST AMERICAN INSURANCE SERVICES INC

Borrower Address

423 S Main Street

Borrower City

STEWARTVILLE

Borrower State

MN

Borrower Zip

55976-1697

Loan Status Date

11/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57700.00

Current Approval Amount

57700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38188

Servicing Lender Name

First Farmers & Merchants State Bank of Grand Meadow

Servicing Lender Address

105 N Main St

Servicing Lender City

GRAND MEADOW

Servicing Lender State

MN

Servicing Lender Zip

55936

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Change of Ownership

Project City

STEWARTVILLE

Project County Name

OLMSTED

Project State

MN

Project Zip

55976-1697

CD

MN-01

Jobs Reported

6

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

57700.00

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

Subchapter S Corporation

Originating Lender Location Id

38188

Originating Lender

First Farmers & Merchants State Bank of Grand Meadow

Originating Lender City

GRAND MEADOW

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

57986.90

Forgiveness Date

10/14/2020

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