PPP Loan information for Young insurance & financial inc

$149,487

Young insurance & financial inc was initially approved for PPP Loan of amount $149,487, the current approved amount is $149,487. The loan was approved on 04/11/2020 by The Fulton Bank, National Association reported 10 jobs and $149,487 was used to fund payroll.

Young insurance & financial inc is Existing or more than 2 years old

YOUNG INSURANCE & FINANCIAL INC

Date Approved

04/11/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

YOUNG INSURANCE & FINANCIAL INC

Borrower Address

1410 Eastern Blvd 4

Borrower City

Essex

Borrower State

MD

Borrower Zip

21221

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

149487.00

Current Approval Amount

149487.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Essex

Project County Name

BALTIMORE

Project State

MD

Project Zip

21221-0500

CD

MD-02

Jobs Reported

10

NAICS Code

524298

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18685.69

Payroll Proceed

112115.63

Mortgage Interest Proceed

0.00

Rent Proceed

18685.68

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

140254.18

Forgiveness Date

11/09/2020

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