PPP Loan information for Specialty insurance agency inc

$515,215

Specialty insurance agency inc was initially approved for PPP Loan of amount $515,215, the current approved amount is $515,215. The loan was approved on 03/12/2021 by The Bank of America, National Association reported 40 jobs and $515,215 was used to fund payroll.

Specialty insurance agency inc is Existing or more than 2 years old

SPECIALTY INSURANCE AGENCY INC

Date Approved

03/12/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

SPECIALTY INSURANCE AGENCY INC

Borrower Address

1610 Route 88 Ste 104

Borrower City

Brick

Borrower State

NJ

Borrower Zip

08724-3018

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

515215.00

Current Approval Amount

515215.00

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

Existing or more than 2 years old

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

515214.00

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

517106.47

Forgiveness Date

07/28/2021

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