PPP Loan information for American insurance acquisition inc.

$4,600,500

American insurance acquisition inc. was initially approved for PPP Loan of amount $4,600,500, the current approved amount is $4,600,500. The loan was approved on 04/30/2020 by The Fifth Third Bank reported 210 jobs and $4,600,500 was used to fund payroll.

American insurance acquisition inc. is Existing or more than 2 years old

PPP Loan Search / IL / SCHAUMBURG / American insurance acquisition inc.

AMERICAN INSURANCE ACQUISITION INC.

Date Approved

04/30/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

AMERICAN INSURANCE ACQUISITION INC.

Borrower Address

953 AMERICAN LN

Borrower City

SCHAUMBURG

Borrower State

IL

Borrower Zip

60173-5163

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4600500.00

Current Approval Amount

4600500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SCHAUMBURG

Project County Name

COOK

Project State

IL

Project Zip

60173-5163

CD

IL-08

Jobs Reported

210

NAICS Code

524126

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4600500.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4651616.67

Forgiveness Date

06/15/2021

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