PPP Loan information for Forest insurance center agency

$134,761

Forest insurance center agency was initially approved for PPP Loan of amount $134,761, the current approved amount is $134,761. The loan was approved on 04/09/2020 by The Central Savings Bank reported 10 jobs and $134,761 was used to fund payroll.

Forest insurance center agency is Existing or more than 2 years old

FOREST INSURANCE CENTER AGENCY

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FOREST INSURANCE CENTER AGENCY

Borrower Address

7350 STATE HIGHWAY M123

Borrower City

NEWBERRY

Borrower State

MI

Borrower Zip

49868-8179

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

134761.00

Current Approval Amount

134761.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36459

Servicing Lender Name

Central Savings Bank

Servicing Lender Address

511 Bingham Ave

Servicing Lender City

SAULT SAINTE MARIE

Servicing Lender State

MI

Servicing Lender Zip

49783-2101

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWBERRY

Project County Name

LUCE

Project State

MI

Project Zip

49868-8179

CD

MI-01

Jobs Reported

10

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9450.00

Payroll Proceed

102811.00

Mortgage Interest Proceed

0.00

Rent Proceed

14100.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8400.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36459

Originating Lender

Central Savings Bank

Originating Lender City

SAULT SAINTE MARIE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

135913.96

Forgiveness Date

02/17/2021

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