PPP Loan information for Passarell insurance agency inc

$47,200

Passarell insurance agency inc was initially approved for PPP Loan of amount $47,200, the current approved amount is $47,200. The loan was approved on 04/07/2020 by The Atlantic Union Bank reported 5 jobs and $47,200 was used to fund payroll.

Passarell insurance agency inc is Existing or more than 2 years old

PPP Loan Search / MD / SALISBURY / Passarell insurance agency inc

PASSARELL INSURANCE AGENCY INC

Date Approved

04/07/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

PASSARELL INSURANCE AGENCY INC

Borrower Address

256 TILGHMAN RD

Borrower City

SALISBURY

Borrower State

MD

Borrower Zip

21804-4342

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47200.00

Current Approval Amount

47200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

WICOMICO

Project State

MD

Project Zip

21804-4342

CD

MD-01

Jobs Reported

5

NAICS Code

524126

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

47200.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

47669.38

Forgiveness Date

04/08/2021

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