PPP Loan information for Strate insurance group, inc

$224,895

Strate insurance group, inc was initially approved for PPP Loan of amount $224,895, the current approved amount is $224,895. The loan was approved on 04/15/2020 by The HomeTrust Bank reported 17 jobs and $224,895 was used to fund payroll.

Strate insurance group, inc is Existing or more than 2 years old

STRATE INSURANCE GROUP, INC

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

STRATE INSURANCE GROUP, INC

Borrower Address

1750 W Andrew Johnson Hwy

Borrower City

Morristown

Borrower State

TN

Borrower Zip

37814-3737

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

224895.00

Current Approval Amount

224895.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77468

Servicing Lender Name

HomeTrust Bank

Servicing Lender Address

10 Woodfin St

Servicing Lender City

ASHEVILLE

Servicing Lender State

NC

Servicing Lender Zip

28801-3022

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Morristown

Project County Name

HAMBLEN

Project State

TN

Project Zip

37814-3737

CD

TN-01

Jobs Reported

17

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

224895.00

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

77468

Originating Lender

HomeTrust Bank

Originating Lender City

ASHEVILLE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

227334.96

Forgiveness Date

06/01/2021

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