PPP Loan information for Nansemond insurance agency, inc.

$242,100

Nansemond insurance agency, inc. was initially approved for PPP Loan of amount $242,100, the current approved amount is $242,100. The loan was approved on 04/06/2020 by The Southern Bank and Trust Company reported 15 jobs and $242,100 was used to fund payroll.

Nansemond insurance agency, inc. is New Business or 2 years or less

NANSEMOND INSURANCE AGENCY, INC.

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

NANSEMOND INSURANCE AGENCY, INC.

Borrower Address

453 W WASHINGTON ST

Borrower City

SUFFOLK

Borrower State

VA

Borrower Zip

23434-5344

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

242100.00

Current Approval Amount

242100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SUFFOLK

Project County Name

SUFFOLK CITY

Project State

VA

Project Zip

23434-5344

CD

VA-02

Jobs Reported

15

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

242100.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

244460.47

Forgiveness Date

03/31/2021

;