PPP Loan information for First state insurance agency southwest, inc

$46,250

First state insurance agency southwest, inc was initially approved for PPP Loan of amount $46,250, the current approved amount is $46,250. The loan was approved on 04/07/2020 by The First State Bank Southwest reported 5 jobs and $46,250 was used to fund payroll.

First state insurance agency southwest, inc is Existing or more than 2 years old

PPP Loan Search / MN / WORTHINGTON / First state insurance agency southwest, inc

FIRST STATE INSURANCE AGENCY SOUTHWEST, INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FIRST STATE INSURANCE AGENCY SOUTHWEST, INC

Borrower Address

1433 Oxford Street

Borrower City

WORTHINGTON

Borrower State

MN

Borrower Zip

56187-1763

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46250.00

Current Approval Amount

46250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38811

Servicing Lender Name

First State Bank Southwest

Servicing Lender Address

202 8th Ave SE

Servicing Lender City

PIPESTONE

Servicing Lender State

MN

Servicing Lender Zip

56164-2140

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WORTHINGTON

Project County Name

NOBLES

Project State

MN

Project Zip

56187-1763

CD

MN-01

Jobs Reported

5

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

110.00

Payroll Proceed

44940.00

Mortgage Interest Proceed

0.00

Rent Proceed

1200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38811

Originating Lender

First State Bank Southwest

Originating Lender City

PIPESTONE

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

46490.24

Forgiveness Date

10/20/2020

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