PPP Loan information for Northern lights insurance agency, inc

$32,102

Northern lights insurance agency, inc was initially approved for PPP Loan of amount $32,102, the current approved amount is $32,102. The loan was approved on 04/28/2020 by The Honor Bank reported 2 jobs and $32,102 was used to fund payroll.

Northern lights insurance agency, inc is Existing or more than 2 years old

NORTHERN LIGHTS INSURANCE AGENCY, INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NORTHERN LIGHTS INSURANCE AGENCY, INC

Borrower Address

111 W Mesick Ave

Borrower City

Mesick

Borrower State

MI

Borrower Zip

49668

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32102.00

Current Approval Amount

32102.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35331

Servicing Lender Name

Honor Bank

Servicing Lender Address

2254 Henry St

Servicing Lender City

HONOR

Servicing Lender State

MI

Servicing Lender Zip

49640-9407

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Mesick

Project County Name

WEXFORD

Project State

MI

Project Zip

49668-0001

CD

MI-04

Jobs Reported

2

NAICS Code

524210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1285.00

Payroll Proceed

25620.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3197.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

35331

Originating Lender

Honor Bank

Originating Lender City

HONOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32320.47

Forgiveness Date

01/07/2021

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