PPP Loan information for American european insurance company

$1,150,000

American european insurance company was initially approved for PPP Loan of amount $1,150,000, the current approved amount is $1,150,000. The loan was approved on 04/13/2020 by The Valley National Bank reported 72 jobs and $1,150,000 was used to fund payroll.

American european insurance company is Existing or more than 2 years old

PPP Loan Search / NJ / CHERRY HILL / American european insurance company

AMERICAN EUROPEAN INSURANCE COMPANY

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

AMERICAN EUROPEAN INSURANCE COMPANY

Borrower Address

2250 Chapel Avenue West

Borrower City

CHERRY HILL

Borrower State

NJ

Borrower Zip

08002-2000

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1150000.00

Current Approval Amount

1150000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHERRY HILL

Project County Name

CAMDEN

Project State

NJ

Project Zip

08002-2000

CD

NJ-01

Jobs Reported

72

NAICS Code

524126

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1150000.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1160158.33

Forgiveness Date

03/05/2021

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