PPP Loan information for Hemp insurance agency inc

$41,000

Hemp insurance agency inc was initially approved for PPP Loan of amount $41,000, the current approved amount is $41,000. The loan was approved on 04/14/2020 by The Highlands Community Bank reported 5 jobs and $41,000 was used to fund payroll.

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

HEMP INSURANCE AGENCY INC

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

HEMP INSURANCE AGENCY INC

Borrower Address

211 E Madison St

Borrower City

COVINGTON

Borrower State

VA

Borrower Zip

24426-2149

Loan Status Date

06/03/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41000.00

Current Approval Amount

41000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

276736

Servicing Lender Name

Highlands Community Bank

Servicing Lender Address

307 Thacker Ave

Servicing Lender City

COVINGTON

Servicing Lender State

VA

Servicing Lender Zip

24426-2264

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COVINGTON

Project County Name

COVINGTON CITY

Project State

VA

Project Zip

24426-2149

CD

VA-06

Jobs Reported

5

NAICS Code

524210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

37000.00

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

276736

Originating Lender

Highlands Community Bank

Originating Lender City

COVINGTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41195.89

Forgiveness Date

10/13/2020

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