PPP Loan information for Parsons insurance agency

$110,000

Parsons insurance agency was initially approved for PPP Loan of amount $110,000, the current approved amount is $110,000. The loan was approved on 02/03/2021 by The Merchants State Bank reported 9 jobs and $110,000 was used to fund payroll.

Parsons insurance agency is Existing or more than 2 years old

PPP Loan Search / SD / Viborg / Parsons insurance agency

PARSONS INSURANCE AGENCY

Date Approved

02/03/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

PARSONS INSURANCE AGENCY

Borrower Address

113 N Main St

Borrower City

Viborg

Borrower State

SD

Borrower Zip

57070-2072

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

110000.00

Current Approval Amount

110000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66522

Servicing Lender Name

Merchants State Bank

Servicing Lender Address

305 S Main St

Servicing Lender City

FREEMAN

Servicing Lender State

SD

Servicing Lender Zip

57029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Viborg

Project County Name

TURNER

Project State

SD

Project Zip

57070-2072

CD

SD-

Jobs Reported

9

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

110000.00

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

66522

Originating Lender

Merchants State Bank

Originating Lender City

FREEMAN

Originating Lender State

SD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

110418.61

Forgiveness Date

06/23/2021

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