PPP Loan information for Choice insurance agency, inc.

$42,300

Choice insurance agency, inc. was initially approved for PPP Loan of amount $42,300, the current approved amount is $42,300. The loan was approved on 04/15/2020 by The Live Oak Banking Company reported 6 jobs and $42,300 was used to fund payroll.

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

PPP Loan Search / MN / Minnetonka / Choice insurance agency, inc.

CHOICE INSURANCE AGENCY, INC.

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CHOICE INSURANCE AGENCY, INC.

Borrower Address

13911 Ridgedale Drive Suite 310

Borrower City

Minnetonka

Borrower State

MN

Borrower Zip

55305

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42300.00

Current Approval Amount

42300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Minnetonka

Project County Name

HENNEPIN

Project State

MN

Project Zip

55305-0001

CD

MN-03

Jobs Reported

6

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42300.00

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

Subchapter S Corporation

Originating Lender Location Id

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42668.53

Forgiveness Date

03/05/2021

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