PPP Loan information for American insurance acquisitio n inc

$2,000,000

American insurance acquisitio n inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/06/2021 by The Fifth Third Bank reported 94 jobs and $2,000,000 was used to fund payroll.

American insurance acquisitio n inc is Existing or more than 2 years old

PPP Loan Search / IL / Schaumburg / American insurance acquisitio n inc

AMERICAN INSURANCE ACQUISITIO N INC

Date Approved

02/06/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

AMERICAN INSURANCE ACQUISITIO N INC

Borrower Address

953 American Ln

Borrower City

Schaumburg

Borrower State

IL

Borrower Zip

60173-5163

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Schaumburg

Project County Name

COOK

Project State

IL

Project Zip

60173-5163

CD

IL-08

Jobs Reported

94

NAICS Code

524126

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999997.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2016722.22

Forgiveness Date

12/13/2021

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