PPP Loan information for Alabama insurance exchange, inc.

$208,125

Alabama insurance exchange, inc. was initially approved for PPP Loan of amount $208,125, the current approved amount is $208,125. The loan was approved on 04/11/2020 by The Robertson Banking Company reported 18 jobs and $208,125 was used to fund payroll.

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

PPP Loan Search / AL / HOOVER / Alabama insurance exchange, inc.

ALABAMA INSURANCE EXCHANGE, INC.

Date Approved

04/11/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ALABAMA INSURANCE EXCHANGE, INC.

Borrower Address

2032 Valleydale Raod

Borrower City

HOOVER

Borrower State

AL

Borrower Zip

35244-2095

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

208125.00

Current Approval Amount

208125.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

1952

Servicing Lender Name

Robertson Banking Company

Servicing Lender Address

216 N Walnut Ave

Servicing Lender City

DEMOPOLIS

Servicing Lender State

AL

Servicing Lender Zip

36732-2032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOOVER

Project County Name

SHELBY

Project State

AL

Project Zip

35244-2095

CD

AL-06

Jobs Reported

18

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

208125.00

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

1952

Originating Lender

Robertson Banking Company

Originating Lender City

DEMOPOLIS

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

210073.28

Forgiveness Date

03/25/2021

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