PPP Loan information for Vaaler insurance, inc.

$1,272,200

Vaaler insurance, inc. was initially approved for PPP Loan of amount $1,272,200, the current approved amount is $1,272,200. The loan was approved on 04/06/2020 by The Choice Financial Group reported 78 jobs and $1,272,200 was used to fund payroll.

Vaaler insurance, inc. is Existing or more than 2 years old

VAALER INSURANCE, INC.

Date Approved

04/06/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

VAALER INSURANCE, INC.

Borrower Address

2701 SCOLUMBIA RD

Borrower City

GRAND FORKS

Borrower State

ND

Borrower Zip

58201-6029

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1272200.00

Current Approval Amount

1272200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND FORKS

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58201-6029

CD

ND-

Jobs Reported

78

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1272200.00

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

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1283527.81

Forgiveness Date

03/08/2021

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