PPP Loan information for Insurance lounge llc

$360,100

Insurance lounge llc was initially approved for PPP Loan of amount $414,500, the current approved amount is $360,100. The loan was approved on 04/10/2020 by The Umpqua Bank reported 24 jobs and $360,100 was used to fund payroll.

Insurance lounge llc is New Business or 2 years or less

INSURANCE LOUNGE LLC

Date Approved

04/10/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

INSURANCE LOUNGE LLC

Borrower Address

1221 NE 7TH ST

Borrower City

GRANTS PASS

Borrower State

OR

Borrower Zip

97526-1423

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

414500.00

Current Approval Amount

360100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

GRANTS PASS

Project County Name

JOSEPHINE

Project State

OR

Project Zip

97526-1423

CD

OR-02

Jobs Reported

24

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

360100.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

363819.39

Forgiveness Date

05/06/2021

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