PPP Loan information for Island insurance agency, inc.

$37,600

Island insurance agency, inc. was initially approved for PPP Loan of amount $37,600, the current approved amount is $37,600. The loan was approved on 04/14/2020 by The Customers Bank reported 5 jobs and $37,600 was used to fund payroll.

Island insurance agency, inc. is Existing or more than 2 years old

ISLAND INSURANCE AGENCY, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ISLAND INSURANCE AGENCY, INC.

Borrower Address

123 W. M-134 P. O. Box 424

Borrower City

Cedarville

Borrower State

MI

Borrower Zip

49719

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37600.00

Current Approval Amount

37600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cedarville

Project County Name

MACKINAC

Project State

MI

Project Zip

49719-0001

CD

MI-01

Jobs Reported

5

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

37600.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37901.83

Forgiveness Date

02/25/2021

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