PPP Loan information for Insurance associates inc

$63,700

Insurance associates inc was initially approved for PPP Loan of amount $63,700, the current approved amount is $63,700. The loan was approved on 04/07/2020 by The American Bank & Trust reported 4 jobs and $63,700 was used to fund payroll.

Insurance associates inc is Existing or more than 2 years old

INSURANCE ASSOCIATES INC

Date Approved

04/07/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

INSURANCE ASSOCIATES INC

Borrower Address

122 W CENTER ST

Borrower City

MADISON

Borrower State

SD

Borrower Zip

57042-2833

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63700.00

Current Approval Amount

63700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66723

Servicing Lender Name

American Bank & Trust

Servicing Lender Address

120 E Main St

Servicing Lender City

WESSINGTON SPRINGS

Servicing Lender State

SD

Servicing Lender Zip

57382

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADISON

Project County Name

LAKE

Project State

SD

Project Zip

57042-2833

CD

SD-

Jobs Reported

4

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

63700.00

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

66723

Originating Lender

American Bank & Trust

Originating Lender City

WESSINGTON SPRINGS

Originating Lender State

SD

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

64179.52

Forgiveness Date

01/07/2021

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