PPP Loan information for Commercial insurance agency inc

$75,400

Commercial insurance agency inc was initially approved for PPP Loan of amount $75,400, the current approved amount is $75,400. The loan was approved on 05/05/2020 by The Bank of America, National Association reported 8 jobs and $75,400 was used to fund payroll.

Commercial insurance agency inc is Existing or more than 2 years old

PPP Loan Search / MA / BELMONT / Commercial insurance agency inc

COMMERCIAL INSURANCE AGENCY INC

Date Approved

05/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

COMMERCIAL INSURANCE AGENCY INC

Borrower Address

385 CONCORD AVE STE 101

Borrower City

BELMONT

Borrower State

MA

Borrower Zip

02478-3037

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75400.00

Current Approval Amount

75400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELMONT

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02478-3037

CD

MA-05

Jobs Reported

8

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

75400.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

76038.32

Forgiveness Date

03/11/2021

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