PPP Loan information for Tim minor insurance agency

$19,000

Tim minor insurance agency was initially approved for PPP Loan of amount $19,000, the current approved amount is $19,000. The loan was approved on 04/08/2020 by The TowneBank reported 3 jobs and $19,000 was used to fund payroll.

Tim minor insurance agency is New Business or 2 years or less

TIM MINOR INSURANCE AGENCY

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

TIM MINOR INSURANCE AGENCY

Borrower Address

1508 S Church Street

Borrower City

SMITHFIELD

Borrower State

VA

Borrower Zip

23430-1830

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

19000.00

Current Approval Amount

19000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SMITHFIELD

Project County Name

ISLE OF WIGHT

Project State

VA

Project Zip

23430-1830

CD

VA-02

Jobs Reported

3

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

14250.00

Mortgage Interest Proceed

4750.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

19131.42

Forgiveness Date

12/22/2020

;