PPP Loan information for Loftis insurance agency, inc.

$101,840

Loftis insurance agency, inc. was initially approved for PPP Loan of amount $101,840, the current approved amount is $101,840. The loan was approved on 04/07/2020 by The Whitaker Bank, Inc reported 9 jobs and $101,840 was used to fund payroll.

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

PPP Loan Search / KY / BEREA / Loftis insurance agency, inc.

LOFTIS INSURANCE AGENCY, INC.

Date Approved

04/07/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

LOFTIS INSURANCE AGENCY, INC.

Borrower Address

145 PLAZA DR

Borrower City

BEREA

Borrower State

KY

Borrower Zip

40403-1690

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101840.00

Current Approval Amount

101840.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26908

Servicing Lender Name

Whitaker Bank, Inc

Servicing Lender Address

2001 Pleasant Ridge Dr

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40509-2416

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BEREA

Project County Name

MADISON

Project State

KY

Project Zip

40403-1690

CD

KY-06

Jobs Reported

9

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1200.01

Payroll Proceed

96639.95

Mortgage Interest Proceed

0.00

Rent Proceed

4000.04

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

26908

Originating Lender

Whitaker Bank, Inc

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

102411.44

Forgiveness Date

11/03/2020

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