PPP Loan information for Lovelace insurance agency

$146,100

Lovelace insurance agency was initially approved for PPP Loan of amount $146,100, the current approved amount is $146,100. The loan was approved on 04/07/2020 by The Community Bank of Mississippi reported 10 jobs and $146,100 was used to fund payroll.

Lovelace insurance agency is Existing or more than 2 years old

PPP Loan Search / TN / COLLIERVILLE / Lovelace insurance agency

LOVELACE INSURANCE AGENCY

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

LOVELACE INSURANCE AGENCY

Borrower Address

1114 Poplar View Lane North

Borrower City

COLLIERVILLE

Borrower State

TN

Borrower Zip

38017-3172

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

146100.00

Current Approval Amount

146100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLLIERVILLE

Project County Name

SHELBY

Project State

TN

Project Zip

38017-3172

CD

TN-08

Jobs Reported

10

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

17491.49

Payroll Proceed

128608.51

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

Sole Proprietorship

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

146984.61

Forgiveness Date

11/17/2020

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