PPP Loan information for Insurance agency inc

$48,750

Insurance agency inc was initially approved for PPP Loan of amount $48,750, the current approved amount is $48,750. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 10 jobs and $48,750 was used to fund payroll.

Insurance agency inc is New Business or 2 years or less

INSURANCE AGENCY INC

Date Approved

05/01/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

INSURANCE AGENCY INC

Borrower Address

614 N MARSHALL ST

Borrower City

CHASE CITY

Borrower State

VA

Borrower Zip

23924-1244

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48750.00

Current Approval Amount

48750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

CHASE CITY

Project County Name

MECKLENBURG

Project State

VA

Project Zip

23924-1244

CD

VA-05

Jobs Reported

10

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

48750.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49178.73

Forgiveness Date

03/19/2021

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