PPP Loan information for Colonial insurance agency inc

$338,535

Colonial insurance agency inc was initially approved for PPP Loan of amount $338,535, the current approved amount is $338,535. The loan was approved on 04/15/2020 by The FirstBank Puerto Rico reported 40 jobs and $338,535 was used to fund payroll.

Colonial insurance agency inc is New Business or 2 years or less

COLONIAL INSURANCE AGENCY INC

Date Approved

04/15/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

COLONIAL INSURANCE AGENCY INC

Borrower Address

1101 AVE MUNOZ RIVERA

Borrower City

SAN JUAN

Borrower State

PR

Borrower Zip

00925

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

338535.00

Current Approval Amount

338535.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119497

Servicing Lender Name

FirstBank Puerto Rico

Servicing Lender Address

1519 Ave Ponce de Le<ac,o>n

Servicing Lender City

SANTURCE

Servicing Lender State

PR

Servicing Lender Zip

00909-1732

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SAN JUAN

Project County Name

SAN JUAN

Project State

PR

Project Zip

00925-2100

CD

PR-

Jobs Reported

40

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

338535.00

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

119497

Originating Lender

FirstBank Puerto Rico

Originating Lender City

SANTURCE

Originating Lender State

PR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

341610.03

Forgiveness Date

03/18/2021

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