PPP Loan information for Professional insurance agents, inc

$24,900

Professional insurance agents, inc was initially approved for PPP Loan of amount $24,900, the current approved amount is $24,900. The loan was approved on 04/10/2020 by The Magnifi Financial CU reported 9 jobs and $24,900 was used to fund payroll.

Professional insurance agents, inc is Existing or more than 2 years old

PPP Loan Search / MN / WILLMAR / Professional insurance agents, inc

PROFESSIONAL INSURANCE AGENTS, INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PROFESSIONAL INSURANCE AGENTS, INC

Borrower Address

2125 South 1ST ST

Borrower City

WILLMAR

Borrower State

MN

Borrower Zip

56201-4256

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24900.00

Current Approval Amount

24900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLMAR

Project County Name

KANDIYOHI

Project State

MN

Project Zip

56201-4256

CD

MN-07

Jobs Reported

9

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4600.00

Payroll Proceed

20300.00

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

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

25202.89

Forgiveness Date

07/06/2021

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