PPP Loan information for Life insurance

$30,000

Life insurance was initially approved for PPP Loan of amount $30,000, the current approved amount is $30,000. The loan was approved on 08/08/2020 by The MBE Capital Partners reported 10 jobs and $30,000 was used to fund payroll.

Life insurance is New Business or 2 years or less

LIFE INSURANCE

Date Approved

08/08/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

LIFE INSURANCE

Borrower Address

6125 KENSINGTON RD

Borrower City

HORN LAKE

Borrower State

MS

Borrower Zip

38637-2541

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

30000.00

Current Approval Amount

30000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529431

Servicing Lender Name

MBE Capital Partners

Servicing Lender Address

1 Bridge Plaza N. # 550

Servicing Lender City

Fort Lee

Servicing Lender State

NJ

Servicing Lender Zip

07024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

HORN LAKE

Project County Name

DESOTO

Project State

MS

Project Zip

38637-2541

CD

MS-01

Jobs Reported

10

NAICS Code

524113

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

30000.00

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

Self-Employed Individuals

Originating Lender Location Id

529431

Originating Lender

MBE Capital Partners

Originating Lender City

Fort Lee

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

30155.83

Forgiveness Date

03/05/2021

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