PPP Loan information for Southpoint insurance agency,inc.

$382,967

Southpoint insurance agency,inc. was initially approved for PPP Loan of amount $382,967, the current approved amount is $382,967. The loan was approved on 04/12/2020 by The Hinsdale Bank & Trust Company, National Association reported 32 jobs and $382,967 was used to fund payroll.

Southpoint insurance agency,inc. is Existing or more than 2 years old

PPP Loan Search / IL / ORLAND PARK / Southpoint insurance agency,inc.

SOUTHPOINT INSURANCE AGENCY,INC.

Date Approved

04/12/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SOUTHPOINT INSURANCE AGENCY,INC.

Borrower Address

15341 S 94th Ave

Borrower City

ORLAND PARK

Borrower State

IL

Borrower Zip

60462-3825

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

382967.00

Current Approval Amount

382967.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118813

Servicing Lender Name

Hinsdale Bank & Trust Company, National Association

Servicing Lender Address

25 E First St

Servicing Lender City

HINSDALE

Servicing Lender State

IL

Servicing Lender Zip

60521-7825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ORLAND PARK

Project County Name

COOK

Project State

IL

Project Zip

60462-3825

CD

IL-06

Jobs Reported

32

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

38297.00

Payroll Proceed

287225.00

Mortgage Interest Proceed

57445.00

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

118813

Originating Lender

Hinsdale Bank & Trust Company, National Association

Originating Lender City

HINSDALE

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

385052.04

Forgiveness Date

11/03/2020

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