PPP Loan information for Fonner insurance associates, inc.

$87,785

Fonner insurance associates, inc. was initially approved for PPP Loan of amount $88,500, the current approved amount is $87,785. The loan was approved on 05/01/2020 by The Truist Bank reported 4 jobs and $87,785 was used to fund payroll.

Fonner insurance associates, inc. is Existing or more than 2 years old

FONNER INSURANCE ASSOCIATES, INC.

Date Approved

05/01/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

FONNER INSURANCE ASSOCIATES, INC.

Borrower Address

1544 Old York Rd.

Borrower City

ABINGTON

Borrower State

PA

Borrower Zip

19001-1740

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88500.00

Current Approval Amount

87785.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Abington

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19001-0001

CD

PA-04

Jobs Reported

4

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

87785.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88738.44

Forgiveness Date

06/08/2021

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