PPP Loan information for Life insurance associates, llc

$39,483

Life insurance associates, llc was initially approved for PPP Loan of amount $39,483, the current approved amount is $39,483. The loan was approved on 04/27/2020 by The Presidential Bank, FSB reported 2 jobs and $39,483 was used to fund payroll.

Life insurance associates, llc is Existing or more than 2 years old

LIFE INSURANCE ASSOCIATES, LLC

Date Approved

04/27/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

LIFE INSURANCE ASSOCIATES, LLC

Borrower Address

2301 Research Blvd. Suite 320

Borrower City

ROCKVILLE

Borrower State

MD

Borrower Zip

20850-6265

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39482.50

Current Approval Amount

39482.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

90667

Servicing Lender Name

Presidential Bank, FSB

Servicing Lender Address

4520 East-West Hwy

Servicing Lender City

BETHESDA

Servicing Lender State

MD

Servicing Lender Zip

20814-3310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKVILLE

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20850-6265

CD

MD-08

Jobs Reported

2

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

39482.50

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

90667

Originating Lender

Presidential Bank, FSB

Originating Lender City

BETHESDA

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

39937.65

Forgiveness Date

06/24/2021

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