PPP Loan information for Mt. vernon insurance agency, ltd

$40,100

Mt. vernon insurance agency, ltd was initially approved for PPP Loan of amount $40,100, the current approved amount is $40,100. The loan was approved on 05/12/2020 by The Mount Vernon Bank & Trust Company reported 3 jobs and $40,100 was used to fund payroll.

Mt. vernon insurance agency, ltd is Existing or more than 2 years old

PPP Loan Search / IA / MOUNT VERNON / Mt. vernon insurance agency, ltd

MT. VERNON INSURANCE AGENCY, LTD

Date Approved

05/12/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MT. VERNON INSURANCE AGENCY, LTD

Borrower Address

107 1ST ST NW

Borrower City

MOUNT VERNON

Borrower State

IA

Borrower Zip

52314-1602

Loan Status Date

01/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40100.00

Current Approval Amount

40100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25280

Servicing Lender Name

Mount Vernon Bank & Trust Company

Servicing Lender Address

206 First St SW

Servicing Lender City

MOUNT VERNON

Servicing Lender State

IA

Servicing Lender Zip

52314-1603

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT VERNON

Project County Name

LINN

Project State

IA

Project Zip

52314-1602

CD

IA-02

Jobs Reported

3

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40100.00

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

25280

Originating Lender

Mount Vernon Bank & Trust Company

Originating Lender City

MOUNT VERNON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40310.53

Forgiveness Date

11/23/2020

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