PPP Loan information for Specialty insurance agency inc.

$428,846

Specialty insurance agency inc. was initially approved for PPP Loan of amount $428,846, the current approved amount is $428,846. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 40 jobs and $428,846 was used to fund payroll.

Specialty insurance agency inc. is New Business or 2 years or less

SPECIALTY INSURANCE AGENCY INC.

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SPECIALTY INSURANCE AGENCY INC.

Borrower Address

1610 ROUTE 88 STE 102

Borrower City

BRICK

Borrower State

NJ

Borrower Zip

08724-3018

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

428846.00

Current Approval Amount

428846.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BRICK

Project County Name

OCEAN

Project State

NJ

Project Zip

08724-3018

CD

NJ-04

Jobs Reported

40

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

428846.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

432147.53

Forgiveness Date

02/11/2021

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