PPP Loan information for Timmermann insurance service inc

$154,156

Timmermann insurance service inc was initially approved for PPP Loan of amount $154,156, the current approved amount is $154,156. The loan was approved on 05/08/2020 by The Truist Bank reported 14 jobs and $154,156 was used to fund payroll.

Timmermann insurance service inc is Existing or more than 2 years old

TIMMERMANN INSURANCE SERVICE INC

Date Approved

05/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TIMMERMANN INSURANCE SERVICE INC

Borrower Address

4775 COMMERCIAL PLAZA ST

Borrower City

WINSTON SALEM

Borrower State

NC

Borrower Zip

27104-4610

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

154156.00

Current Approval Amount

154156.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINSTON SALEM

Project County Name

FORSYTH

Project State

NC

Project Zip

27104-4610

CD

NC-05

Jobs Reported

14

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

154156.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

155325.02

Forgiveness Date

02/11/2021

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