PPP Loan information for Strand insurance finance co., inc.

$131,200

Strand insurance finance co., inc. was initially approved for PPP Loan of amount $131,200, the current approved amount is $131,200. The loan was approved on 04/15/2020 by The Live Oak Banking Company reported 10 jobs and $131,200 was used to fund payroll.

Strand insurance finance co., inc. is Existing or more than 2 years old

STRAND INSURANCE FINANCE CO., INC.

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

STRAND INSURANCE FINANCE CO., INC.

Borrower Address

22 Tennent Rd

Borrower City

Morganville

Borrower State

NJ

Borrower Zip

07751

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

131200.00

Current Approval Amount

131200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Morganville

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07751-0001

CD

NJ-03

Jobs Reported

10

NAICS Code

524298

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

131200.00

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

Subchapter S Corporation

Originating Lender Location Id

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

132867.86

Forgiveness Date

07/29/2021

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