PPP Loan information for Gilbert insurance agency inc

$241,337

Gilbert insurance agency inc was initially approved for PPP Loan of amount $241,337, the current approved amount is $241,337. The loan was approved on 04/27/2020 by The StonehamBank reported 19 jobs and $241,337 was used to fund payroll.

Gilbert insurance agency inc is Existing or more than 2 years old

GILBERT INSURANCE AGENCY INC

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

GILBERT INSURANCE AGENCY INC

Borrower Address

137 MAIN ST

Borrower City

READING

Borrower State

MA

Borrower Zip

01867-4091

Loan Status Date

05/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

241337.00

Current Approval Amount

241337.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89298

Servicing Lender Name

StonehamBank

Servicing Lender Address

80 Montvale Ave

Servicing Lender City

STONEHAM

Servicing Lender State

MA

Servicing Lender Zip

02180-2893

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

READING

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01867-4091

CD

MA-06

Jobs Reported

19

NAICS Code

524210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

241337.00

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

89298

Originating Lender

StonehamBank

Originating Lender City

STONEHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

243240.88

Forgiveness Date

02/16/2021

;