PPP Loan information for Choice insurance agency, inc.

$217,800

Choice insurance agency, inc. was initially approved for PPP Loan of amount $217,800, the current approved amount is $217,800. The loan was approved on 04/08/2020 by The Avidia Bank reported 16 jobs and $217,800 was used to fund payroll.

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

PPP Loan Search / MA / FITCHBURG / Choice insurance agency, inc.

CHOICE INSURANCE AGENCY, INC.

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

CHOICE INSURANCE AGENCY, INC.

Borrower Address

376 SUMMER ST

Borrower City

FITCHBURG

Borrower State

MA

Borrower Zip

01420-5939

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

217800.00

Current Approval Amount

217800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32883

Servicing Lender Name

Avidia Bank

Servicing Lender Address

42 Main St

Servicing Lender City

HUDSON

Servicing Lender State

MA

Servicing Lender Zip

01749-2123

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FITCHBURG

Project County Name

WORCESTER

Project State

MA

Project Zip

01420-5939

CD

MA-03

Jobs Reported

16

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

217800.00

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

32883

Originating Lender

Avidia Bank

Originating Lender City

HUDSON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

219996.15

Forgiveness Date

04/14/2021

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