PPP Loan information for Powers insurance agency inc

$38,800

Powers insurance agency inc was initially approved for PPP Loan of amount $38,800, the current approved amount is $38,800. The loan was approved on 04/29/2020 by The First-Citizens Bank & Trust Company reported 5 jobs and $38,800 was used to fund payroll.

Powers insurance agency inc is New Business or 2 years or less

PPP Loan Search / VA / FRONT ROYAL / Powers insurance agency inc

POWERS INSURANCE AGENCY INC

Date Approved

04/29/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

POWERS INSURANCE AGENCY INC

Borrower Address

2710 ASHBY STATION RD

Borrower City

FRONT ROYAL

Borrower State

VA

Borrower Zip

22630-2073

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38800.00

Current Approval Amount

38800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FRONT ROYAL

Project County Name

WARREN

Project State

VA

Project Zip

22630-2073

CD

VA-06

Jobs Reported

5

NAICS Code

524126

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

38800.00

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

Subchapter S Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

38983.22

Forgiveness Date

10/22/2020

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