PPP Loan information for Insurance administrator of america, inc.

$506,250

Insurance administrator of america, inc. was initially approved for PPP Loan of amount $506,250, the current approved amount is $506,250. The loan was approved on 04/14/2020 by The Fulton Bank, National Association reported 34 jobs and $506,250 was used to fund payroll.

Insurance administrator of america, inc. is New Business or 2 years or less

PPP Loan Search / NJ / Cherry Hill / Insurance administrator of america, inc.

INSURANCE ADMINISTRATOR OF AMERICA, INC.

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

INSURANCE ADMINISTRATOR OF AMERICA, INC.

Borrower Address

1934 OLNEY AVE 200

Borrower City

Cherry Hill

Borrower State

NJ

Borrower Zip

08003

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

506250.00

Current Approval Amount

506250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Cherry Hill

Project County Name

CAMDEN

Project State

NJ

Project Zip

08003-0001

CD

NJ-01

Jobs Reported

34

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

63281.25

Payroll Proceed

379687.50

Mortgage Interest Proceed

63281.25

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

509568.75

Forgiveness Date

12/10/2020

;