PPP Loan information for Narvel insurance inc.

$38,500

Narvel insurance inc. was initially approved for PPP Loan of amount $38,500, the current approved amount is $38,500. The loan was approved on 04/28/2020 by The Cecil Bank reported 4 jobs and $38,500 was used to fund payroll.

Narvel insurance inc. is New Business or 2 years or less

PPP Loan Search / MD / NORTH EAST / Narvel insurance inc.

NARVEL INSURANCE INC.

Date Approved

04/28/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

NARVEL INSURANCE INC.

Borrower Address

2235 PULASKI HWY

Borrower City

NORTH EAST

Borrower State

MD

Borrower Zip

21901-3712

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38500.00

Current Approval Amount

38500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88670

Servicing Lender Name

Cecil Bank

Servicing Lender Address

127 N St

Servicing Lender City

ELKTON

Servicing Lender State

MD

Servicing Lender Zip

21921-5510

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NORTH EAST

Project County Name

CECIL

Project State

MD

Project Zip

21901-3712

CD

MD-01

Jobs Reported

4

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

32500.00

Mortgage Interest Proceed

0.00

Rent Proceed

3000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

88670

Originating Lender

Cecil Bank

Originating Lender City

ELKTON

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

38701.06

Forgiveness Date

11/05/2020

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