PPP Loan information for Smart choice insurance agency

$10,348

Smart choice insurance agency was initially approved for PPP Loan of amount $10,348, the current approved amount is $10,348. The loan was approved on 04/27/2020 by The Farmers-Merchants Bank & Trust Company reported 2 jobs and $10,348 was used to fund payroll.

Smart choice insurance agency is New Business or 2 years or less

PPP Loan Search / LA / CARENCRO / Smart choice insurance agency

SMART CHOICE INSURANCE AGENCY

Date Approved

04/27/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

SMART CHOICE INSURANCE AGENCY

Borrower Address

4607 N UNIVERSITY AVE

Borrower City

CARENCRO

Borrower State

LA

Borrower Zip

70520-3911

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10347.50

Current Approval Amount

10347.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28129

Servicing Lender Name

Farmers-Merchants Bank & Trust Company

Servicing Lender Address

100 S Main St

Servicing Lender City

BREAUX BRIDGE

Servicing Lender State

LA

Servicing Lender Zip

70517-5114

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CARENCRO

Project County Name

LAFAYETTE

Project State

LA

Project Zip

70520-3911

CD

LA-03

Jobs Reported

2

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10347.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

28129

Originating Lender

Farmers-Merchants Bank & Trust Company

Originating Lender City

BREAUX BRIDGE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

10434.53

Forgiveness Date

03/05/2021

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