PPP Loan information for Severson insurance agency

$12,500

Severson insurance agency was initially approved for PPP Loan of amount $12,500, the current approved amount is $12,500. The loan was approved on 04/13/2020 by The NSB Bank reported 1 jobs and $12,500 was used to fund payroll.

Severson insurance agency is New Business or 2 years or less

PPP Loan Search / MN / ALBERT LEA / Severson insurance agency

SEVERSON INSURANCE AGENCY

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SEVERSON INSURANCE AGENCY

Borrower Address

121 S NEWTON AVE

Borrower City

ALBERT LEA

Borrower State

MN

Borrower Zip

56007-2524

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12500.00

Current Approval Amount

12500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25313

Servicing Lender Name

NSB Bank

Servicing Lender Address

2650 4th St SW

Servicing Lender City

MASON CITY

Servicing Lender State

IA

Servicing Lender Zip

50401-4651

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

ALBERT LEA

Project County Name

FREEBORN

Project State

MN

Project Zip

56007-2524

CD

MN-01

Jobs Reported

1

NAICS Code

524210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

12500.00

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

Independent Contractors

Originating Lender Location Id

25313

Originating Lender

NSB Bank

Originating Lender City

MASON CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

12592.71

Forgiveness Date

01/07/2021

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