PPP Loan information for Martin insurance services, inc.

$991,375

Martin insurance services, inc. was initially approved for PPP Loan of amount $991,375, the current approved amount is $991,375. The loan was approved on 04/15/2020 by The Bankwell Bank reported 66 jobs and $991,375 was used to fund payroll.

Martin insurance services, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Cranbury / Martin insurance services, inc.

MARTIN INSURANCE SERVICES, INC.

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MARTIN INSURANCE SERVICES, INC.

Borrower Address

259 Prospect Plains Road

Borrower City

Cranbury

Borrower State

NJ

Borrower Zip

08512

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

991375.00

Current Approval Amount

991375.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262358

Servicing Lender Name

Bankwell Bank

Servicing Lender Address

156 Cherry St

Servicing Lender City

New Canaan

Servicing Lender State

CT

Servicing Lender Zip

06840

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cranbury

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08512-0001

CD

NJ-03

Jobs Reported

66

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4329.00

Payroll Proceed

867083.00

Mortgage Interest Proceed

0.00

Rent Proceed

89198.00

Refinance EIDL Proceed

0.00

Health Care Proceed

30765.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

262358

Originating Lender

Bankwell Bank

Originating Lender City

New Canaan

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

997874.01

Forgiveness Date

12/09/2020

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