PPP Loan information for Center mutual insurance company

$458,400

Center mutual insurance company was initially approved for PPP Loan of amount $458,400, the current approved amount is $458,400. The loan was approved on 04/09/2020 by The Merchants Bank reported 26 jobs and $458,400 was used to fund payroll.

Center mutual insurance company is New Business or 2 years or less

PPP Loan Search / ND / RUGBY / Center mutual insurance company

CENTER MUTUAL INSURANCE COMPANY

Date Approved

04/09/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

CENTER MUTUAL INSURANCE COMPANY

Borrower Address

1211 Third Ave. SE

Borrower City

RUGBY

Borrower State

ND

Borrower Zip

58368-2502

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

458400.00

Current Approval Amount

458400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52945

Servicing Lender Name

Merchants Bank

Servicing Lender Address

210 S Main Ave

Servicing Lender City

RUGBY

Servicing Lender State

ND

Servicing Lender Zip

58368-1721

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RUGBY

Project County Name

PIERCE

Project State

ND

Project Zip

58368-2502

CD

ND-

Jobs Reported

26

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

458400.00

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

Cooperative

Originating Lender Location Id

52945

Originating Lender

Merchants Bank

Originating Lender City

RUGBY

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

461035.80

Forgiveness Date

11/03/2020

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