PPP Loan information for Russo insurance agency, inc.

$99,150

Russo insurance agency, inc. was initially approved for PPP Loan of amount $99,150, the current approved amount is $99,150. The loan was approved on 04/28/2020 by The Middlesex Savings Bank reported 7 jobs and $99,150 was used to fund payroll.

Russo insurance agency, inc. is Existing or more than 2 years old

PPP Loan Search / MA / MEDWAY / Russo insurance agency, inc.

RUSSO INSURANCE AGENCY, INC.

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RUSSO INSURANCE AGENCY, INC.

Borrower Address

45 MILFORD ST

Borrower City

MEDWAY

Borrower State

MA

Borrower Zip

02053-2384

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99150.00

Current Approval Amount

99150.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33108

Servicing Lender Name

Middlesex Savings Bank

Servicing Lender Address

6 Main St

Servicing Lender City

NATICK

Servicing Lender State

MA

Servicing Lender Zip

01760-4506

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEDWAY

Project County Name

NORFOLK

Project State

MA

Project Zip

02053-2384

CD

MA-02

Jobs Reported

7

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

89000.00

Mortgage Interest Proceed

5000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3150.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33108

Originating Lender

Middlesex Savings Bank

Originating Lender City

NATICK

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

99654.01

Forgiveness Date

11/02/2020

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