PPP Loan information for Marchand insurance agency, inc.

$11,700

Marchand insurance agency, inc. was initially approved for PPP Loan of amount $11,700, the current approved amount is $11,700. The loan was approved on 04/28/2020 by The Webster Five Cents Savings Bank reported 1 jobs and $11,700 was used to fund payroll.

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

MARCHAND INSURANCE AGENCY, INC.

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MARCHAND INSURANCE AGENCY, INC.

Borrower Address

505 South Main St

Borrower City

WEBSTER

Borrower State

MA

Borrower Zip

01570-2261

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11700.00

Current Approval Amount

11700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33428

Servicing Lender Name

Webster Five Cents Savings Bank

Servicing Lender Address

136 Thompson Rd

Servicing Lender City

WEBSTER

Servicing Lender State

MA

Servicing Lender Zip

01570-1416

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WEBSTER

Project County Name

WORCESTER

Project State

MA

Project Zip

01570-2261

CD

MA-01

Jobs Reported

1

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

11700.00

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

Corporation

Originating Lender Location Id

33428

Originating Lender

Webster Five Cents Savings Bank

Originating Lender City

WEBSTER

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

11765.65

Forgiveness Date

11/27/2020

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