PPP Loan information for State farm insurance

$48,728

State farm insurance was initially approved for PPP Loan of amount $27,820, the current approved amount is $48,728. The loan was approved on 04/14/2020 by The Bank of Lincoln County reported 3 jobs and $48,728 was used to fund payroll.

State farm insurance is Existing or more than 2 years old

STATE FARM INSURANCE

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

STATE FARM INSURANCE

Borrower Address

202 EAST WASHINGTON ST

Borrower City

FAYETTEVILLE

Borrower State

TN

Borrower Zip

37334-2546

Loan Status Date

11/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27820.00

Current Approval Amount

48728.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

263677

Servicing Lender Name

Bank of Lincoln County

Servicing Lender Address

307 E College St

Servicing Lender City

FAYETTEVILLE

Servicing Lender State

TN

Servicing Lender Zip

37334-3005

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAYETTEVILLE

Project County Name

LINCOLN

Project State

TN

Project Zip

37334-2546

CD

TN-04

Jobs Reported

3

NAICS Code

531210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12182.08

Payroll Proceed

36546.24

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

Sole Proprietorship

Originating Lender Location Id

263677

Originating Lender

Bank of Lincoln County

Originating Lender City

FAYETTEVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

48966.55

Forgiveness Date

10/13/2020

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