PPP Loan information for Richards insurance agency inc

$74,840

Richards insurance agency inc was initially approved for PPP Loan of amount $74,840, the current approved amount is $74,840. The loan was approved on 04/30/2020 by The German American Bank reported 6 jobs and $74,840 was used to fund payroll.

Richards insurance agency inc is Existing or more than 2 years old

RICHARDS INSURANCE AGENCY INC

Date Approved

04/30/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

RICHARDS INSURANCE AGENCY INC

Borrower Address

355 S MICHIGAN AVE STE 3

Borrower City

GREENSBURG

Borrower State

IN

Borrower Zip

47240-2155

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74840.00

Current Approval Amount

74840.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GREENSBURG

Project County Name

DECATUR

Project State

IN

Project Zip

47240-2155

CD

IN-09

Jobs Reported

6

NAICS Code

524210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

74840.00

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

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

75418.22

Forgiveness Date

02/11/2021

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