PPP Loan information for Kenneth morgan insurance agency, inc.

$28,300

Kenneth morgan insurance agency, inc. was initially approved for PPP Loan of amount $38,300, the current approved amount is $28,300. The loan was approved on 04/30/2020 by The Regions Bank reported 6 jobs and $28,300 was used to fund payroll.

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

KENNETH MORGAN INSURANCE AGENCY, INC.

Date Approved

04/30/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

KENNETH MORGAN INSURANCE AGENCY, INC.

Borrower Address

1120 Shelton Beach Road

Borrower City

Saraland

Borrower State

AL

Borrower Zip

36571

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38300.00

Current Approval Amount

28300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saraland

Project County Name

MOBILE

Project State

AL

Project Zip

36571-0001

CD

AL-01

Jobs Reported

6

NAICS Code

524210

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

28300.00

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

Subchapter S Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

28489.18

Forgiveness Date

01/07/2021

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