PPP Loan information for Nxg insurance agency group, llc

$201,586

Nxg insurance agency group, llc was initially approved for PPP Loan of amount $201,586, the current approved amount is $201,586. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 9 jobs and $201,586 was used to fund payroll.

Nxg insurance agency group, llc is New Business or 2 years or less

NXG INSURANCE AGENCY GROUP, LLC

Date Approved

04/15/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

NXG INSURANCE AGENCY GROUP, LLC

Borrower Address

159 Green Street

Borrower City

Kingston

Borrower State

NY

Borrower Zip

12401

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

201586.00

Current Approval Amount

201586.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Kingston

Project County Name

ULSTER

Project State

NY

Project Zip

12401-0401

CD

NY-18

Jobs Reported

9

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17755.00

Payroll Proceed

136492.00

Mortgage Interest Proceed

0.00

Rent Proceed

14000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

17998.00

Debt Interest Proceed

15341

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

203292.58

Forgiveness Date

02/26/2021

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