PPP Loan information for Colvard insurance associates, inc.

$83,406

Colvard insurance associates, inc. was initially approved for PPP Loan of amount $83,406, the current approved amount is $83,406. The loan was approved on 04/05/2020 by The Premier Bank of the South reported 10 jobs and $83,406 was used to fund payroll.

Colvard insurance associates, inc. is Existing or more than 2 years old

COLVARD INSURANCE ASSOCIATES, INC.

Date Approved

04/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

COLVARD INSURANCE ASSOCIATES, INC.

Borrower Address

2130 2nd Ave NW

Borrower City

CULLMAN

Borrower State

AL

Borrower Zip

35058-0465

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83405.67

Current Approval Amount

83405.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112149

Servicing Lender Name

Premier Bank of the South

Servicing Lender Address

101 First Ave NW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-3425

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CULLMAN

Project County Name

CULLMAN

Project State

AL

Project Zip

35058-0465

CD

AL-04

Jobs Reported

10

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

66724.54

Mortgage Interest Proceed

0.00

Rent Proceed

12400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

4281.13

Business Type

Corporation

Originating Lender Location Id

112149

Originating Lender

Premier Bank of the South

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73921.55

Forgiveness Date

12/16/2020

;