PPP Loan information for Clement c. archer insurance agency, inc.

$62,500

Clement c. archer insurance agency, inc. was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 04/06/2020 by The North Shore Bank, a Co-operative Bank reported 8 jobs and $62,500 was used to fund payroll.

Clement c. archer insurance agency, inc. is Existing or more than 2 years old

PPP Loan Search / MA / BEVERLY / Clement c. archer insurance agency, inc.

CLEMENT C. ARCHER INSURANCE AGENCY, INC.

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

CLEMENT C. ARCHER INSURANCE AGENCY, INC.

Borrower Address

271 Cabot Street

Borrower City

BEVERLY

Borrower State

MA

Borrower Zip

01915-4519

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89255

Servicing Lender Name

North Shore Bank, a Co-operative Bank

Servicing Lender Address

248 Andover St, Route 114

Servicing Lender City

Peabody

Servicing Lender State

MA

Servicing Lender Zip

01960-1502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BEVERLY

Project County Name

ESSEX

Project State

MA

Project Zip

01915-4519

CD

MA-06

Jobs Reported

8

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

62500.00

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

89255

Originating Lender

North Shore Bank, a Co-operative Bank

Originating Lender City

Peabody

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

62984.37

Forgiveness Date

01/20/2021

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