PPP Loan information for State farm insurance

$53,500

State farm insurance was initially approved for PPP Loan of amount $53,500, the current approved amount is $53,500. The loan was approved on 04/28/2020 by The Gibsland Bank & Trust Company reported 4 jobs and $53,500 was used to fund payroll.

State farm insurance is Existing or more than 2 years old

STATE FARM INSURANCE

Date Approved

04/28/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

STATE FARM INSURANCE

Borrower Address

1590 HAZEL ST

Borrower City

ARCADIA

Borrower State

LA

Borrower Zip

71001-4106

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53500.00

Current Approval Amount

53500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28240

Servicing Lender Name

Gibsland Bank & Trust Company

Servicing Lender Address

1246 S 3rd St

Servicing Lender City

GIBSLAND

Servicing Lender State

LA

Servicing Lender Zip

71028-4301

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ARCADIA

Project County Name

BIENVILLE

Project State

LA

Project Zip

71001-4106

CD

LA-04

Jobs Reported

4

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3375.00

Payroll Proceed

40125.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

28240

Originating Lender

Gibsland Bank & Trust Company

Originating Lender City

GIBSLAND

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

53829.79

Forgiveness Date

12/10/2020

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