PPP Loan information for L.a. insurance agency franchising l.l.c.

$616,500

L.a. insurance agency franchising l.l.c. was initially approved for PPP Loan of amount $616,500, the current approved amount is $616,500. The loan was approved on 01/25/2021 by The BMO Harris Bank National Association reported 74 jobs and $616,500 was used to fund payroll.

L.a. insurance agency franchising l.l.c. is Existing or more than 2 years old

L.A. INSURANCE AGENCY FRANCHISING L.L.C.

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

L.A. INSURANCE AGENCY FRANCHISING L.L.C.

Borrower Address

812 S Main St Ste 200

Borrower City

Royal Oak

Borrower State

MI

Borrower Zip

48067-3280

Loan Status Date

Loan Status

Exemption 4

Term

60

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

48067-3280

CD

MI-11

Jobs Reported

74

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

616497.00

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

206357.26

Forgiveness Date

03/31/2022

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