PPP Loan information for La insurance agency franchising llc

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LA INSURANCE AGENCY FRANCHISING LLC

Borrower Address

812 S. Main St. Ste 200

Borrower City

ROYAL OAK

Borrower State

MI

Borrower Zip

48067-3201

Loan Status Date

05/14/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

616500.00

Current Approval Amount

616500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROYAL OAK

Project County Name

OAKLAND

Project State

MI

Project Zip

48067-3201

CD

MI-11

Jobs Reported

74

NAICS Code

524210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

616500.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

220377.20

Forgiveness Date

08/19/2021