PPP Loan information for Sem insurance brokers inc

$369,717

Sem insurance brokers inc was initially approved for PPP Loan of amount $369,717, the current approved amount is $369,717. The loan was approved on 02/05/2021 by The West Bank reported 41 jobs and $369,717 was used to fund payroll.

Sem insurance brokers inc is Existing or more than 2 years old

PPP Loan Search / IA / Des Moines / Sem insurance brokers inc

SEM INSURANCE BROKERS INC

Date Approved

02/05/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

SEM INSURANCE BROKERS INC

Borrower Address

2333 McKinley Ave

Borrower City

Des Moines

Borrower State

IA

Borrower Zip

50321-2305

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

369717.40

Current Approval Amount

369717.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25587

Servicing Lender Name

West Bank

Servicing Lender Address

1601 22nd St

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-1408

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Des Moines

Project County Name

POLK

Project State

IA

Project Zip

50321-2305

CD

IA-03

Jobs Reported

41

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

369716.40

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

25587

Originating Lender

West Bank

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

371783.77

Forgiveness Date

09/09/2021

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