PPP Loan information for Adam saadi insurance agency inc.

$195,112

Adam saadi insurance agency inc. was initially approved for PPP Loan of amount $195,112, the current approved amount is $195,112. The loan was approved on 04/14/2020 by The Stellar Bank reported 16 jobs and $195,112 was used to fund payroll.

Adam saadi insurance agency inc. is Existing or more than 2 years old

ADAM SAADI INSURANCE AGENCY INC.

Date Approved

04/14/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

ADAM SAADI INSURANCE AGENCY INC.

Borrower Address

9639 SCARSDALE BLVD Ste. 101

Borrower City

PEARLAND

Borrower State

TX

Borrower Zip

77581-1417

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195112.00

Current Approval Amount

195112.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

451098

Servicing Lender Name

Stellar Bank

Servicing Lender Address

8727 W Sam Houston Pkwy North

Servicing Lender City

HOUSTON

Servicing Lender State

TX

Servicing Lender Zip

77040-5167

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEARLAND

Project County Name

BRAZORIA

Project State

TX

Project Zip

77581-1417

CD

TX-22

Jobs Reported

16

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

195112.00

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

451098

Originating Lender

Stellar Bank

Originating Lender City

HOUSTON

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

186279.23

Forgiveness Date

12/10/2020

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