PPP Loan information for Monterey insurance group inc

$45,439

Monterey insurance group inc was initially approved for PPP Loan of amount $45,439, the current approved amount is $45,439. The loan was approved on 04/06/2020 by The Community Bank of the Chesapeake reported 5 jobs and $45,439 was used to fund payroll.

Monterey insurance group inc is Existing or more than 2 years old

PPP Loan Search / MD / HUNTINGTOWN / Monterey insurance group inc

MONTEREY INSURANCE GROUP INC

Date Approved

04/06/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MONTEREY INSURANCE GROUP INC

Borrower Address

3235 Solomons Island Rd PO Box 599

Borrower City

HUNTINGTOWN

Borrower State

MD

Borrower Zip

20639-8748

Loan Status Date

04/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45439.37

Current Approval Amount

45439.37

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121705

Servicing Lender Name

Community Bank of the Chesapeake

Servicing Lender Address

3035 Leonardtown Rd PO Box 38

Servicing Lender City

Waldorf

Servicing Lender State

MD

Servicing Lender Zip

20601

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUNTINGTOWN

Project County Name

CALVERT

Project State

MD

Project Zip

20639-8748

CD

MD-05

Jobs Reported

5

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

45439.37

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

Subchapter S Corporation

Originating Lender Location Id

121705

Originating Lender

Community Bank of the Chesapeake

Originating Lender City

Waldorf

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

45775.50

Forgiveness Date

01/12/2021

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