PPP Loan information for First choice insurance agency, inc.

$82,200

First choice insurance agency, inc. was initially approved for PPP Loan of amount $82,200, the current approved amount is $82,200. The loan was approved on 04/28/2020 by The Itasca Bank & Trust Co. reported 8 jobs and $82,200 was used to fund payroll.

First choice insurance agency, inc. is Existing or more than 2 years old

FIRST CHOICE INSURANCE AGENCY, INC.

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

FIRST CHOICE INSURANCE AGENCY, INC.

Borrower Address

1301 W 22ND ST

Borrower City

OAK BROOK

Borrower State

IL

Borrower Zip

60523-2006

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

82200.00

Current Approval Amount

82200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21562

Servicing Lender Name

Itasca Bank & Trust Co.

Servicing Lender Address

308 W Irving Park Rd

Servicing Lender City

ITASCA

Servicing Lender State

IL

Servicing Lender Zip

60143-2038

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAK BROOK

Project County Name

DUPAGE

Project State

IL

Project Zip

60523-2006

CD

IL-07

Jobs Reported

8

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2500.00

Payroll Proceed

65760.00

Mortgage Interest Proceed

0.00

Rent Proceed

13940.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

21562

Originating Lender

Itasca Bank & Trust Co.

Originating Lender City

ITASCA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

83003.73

Forgiveness Date

04/29/2021

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