PPP Loan information for Affordable insurance agency, inc.

$289,500

Affordable insurance agency, inc. was initially approved for PPP Loan of amount $289,500, the current approved amount is $289,500. The loan was approved on 04/06/2020 by The Cadence Bank reported 50 jobs and $289,500 was used to fund payroll.

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

PPP Loan Search / GA / AUGUSTA / Affordable insurance agency, inc.

AFFORDABLE INSURANCE AGENCY, INC.

Date Approved

04/06/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

AFFORDABLE INSURANCE AGENCY, INC.

Borrower Address

3328 WASHINGTON RD

Borrower City

AUGUSTA

Borrower State

GA

Borrower Zip

30907-3800

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

289500.00

Current Approval Amount

289500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AUGUSTA

Project County Name

RICHMOND

Project State

GA

Project Zip

30907-3800

CD

GA-12

Jobs Reported

50

NAICS Code

524210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

289500.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

292716.67

Forgiveness Date

05/27/2021

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