PPP Loan information for Ab & b insurance associates inc

$38,555

Ab & b insurance associates inc was initially approved for PPP Loan of amount $80,867, the current approved amount is $38,555. The loan was approved on 04/10/2020 by The Sterling State Bank reported 10 jobs and $38,555 was used to fund payroll.

Ab & b insurance associates inc is Existing or more than 2 years old

PPP Loan Search / MN / PRIOR LAKE / Ab & b insurance associates inc

AB & B INSURANCE ASSOCIATES INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AB & B INSURANCE ASSOCIATES INC

Borrower Address

14198 COMMERCE AVE NE, STE 700

Borrower City

PRIOR LAKE

Borrower State

MN

Borrower Zip

55372-1435

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80867.00

Current Approval Amount

38555.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRIOR LAKE

Project County Name

SCOTT

Project State

MN

Project Zip

55372-1435

CD

MN-02

Jobs Reported

10

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

38555.00

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

Subchapter S Corporation

Originating Lender Location Id

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

38825.96

Forgiveness Date

12/28/2020

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