PPP Loan information for Insurance facilities, inc

$140,200

Insurance facilities, inc was initially approved for PPP Loan of amount $140,200, the current approved amount is $140,200. The loan was approved on 04/13/2020 by The Peoples Bank of Alabama reported 12 jobs and $140,200 was used to fund payroll.

Insurance facilities, inc is Existing or more than 2 years old

INSURANCE FACILITIES, INC

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

INSURANCE FACILITIES, INC

Borrower Address

309 Broad Street

Borrower City

GADSDEN

Borrower State

AL

Borrower Zip

35901-3715

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

140200.00

Current Approval Amount

140200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2037

Servicing Lender Name

Peoples Bank of Alabama

Servicing Lender Address

1912 Cherokee Ave SW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-5595

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GADSDEN

Project County Name

ETOWAH

Project State

AL

Project Zip

35901-3715

CD

AL-04

Jobs Reported

12

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2800.00

Payroll Proceed

112000.00

Mortgage Interest Proceed

0.00

Rent Proceed

25400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

141150.24

Forgiveness Date

12/17/2020

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