PPP Loan information for Southwest virginia professional insurance agency inc

$53,100

Southwest virginia professional insurance agency inc was initially approved for PPP Loan of amount $53,100, the current approved amount is $53,100. The loan was approved on 04/27/2020 by The Legacy Bank reported 5 jobs and $53,100 was used to fund payroll.

Southwest virginia professional insurance agency inc is Existing or more than 2 years old

SOUTHWEST VIRGINIA PROFESSIONAL INSURANCE AGENCY INC

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SOUTHWEST VIRGINIA PROFESSIONAL INSURANCE AGENCY INC

Borrower Address

1305 LOVERS GAP RD

Borrower City

VANSANT

Borrower State

VA

Borrower Zip

24656-8422

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53100.00

Current Approval Amount

53100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73431

Servicing Lender Name

Legacy Bank

Servicing Lender Address

20957 Riverside Dr

Servicing Lender City

GRUNDY

Servicing Lender State

VA

Servicing Lender Zip

24614

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VANSANT

Project County Name

BUCHANAN

Project State

VA

Project Zip

24656-8422

CD

VA-09

Jobs Reported

5

NAICS Code

524210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

44476.48

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

5000.00

Health Care Proceed

3623.52

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73431

Originating Lender

Legacy Bank

Originating Lender City

GRUNDY

Originating Lender State

VA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

53491.34

Forgiveness Date

01/26/2021

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