PPP Loan information for North central insurance associates inc.

$40,500

North central insurance associates inc. was initially approved for PPP Loan of amount $40,500, the current approved amount is $40,500. The loan was approved on 04/13/2020 by The The Bank of Elk River reported 8 jobs and $40,500 was used to fund payroll.

North central insurance associates inc. is Existing or more than 2 years old

NORTH CENTRAL INSURANCE ASSOCIATES INC.

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NORTH CENTRAL INSURANCE ASSOCIATES INC.

Borrower Address

16854 HIGHWAY 10

Borrower City

ELK RIVER

Borrower State

MN

Borrower Zip

55330-6308

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40500.00

Current Approval Amount

40500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38030

Servicing Lender Name

The Bank of Elk River

Servicing Lender Address

630 Main St

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK RIVER

Project County Name

SHERBURNE

Project State

MN

Project Zip

55330-6308

CD

MN-06

Jobs Reported

8

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40500.00

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

Subchapter S Corporation

Originating Lender Location Id

38030

Originating Lender

The Bank of Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40717.48

Forgiveness Date

11/02/2020

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