PPP Loan information for Commercial insurance management agency, inc

$119,445

Commercial insurance management agency, inc was initially approved for PPP Loan of amount $119,445, the current approved amount is $119,445. The loan was approved on 04/09/2020 by The Valley National Bank reported 7 jobs and $119,445 was used to fund payroll.

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

PPP Loan Search / AL / MOUNT OLIVE / Commercial insurance management agency, inc

COMMERCIAL INSURANCE MANAGEMENT AGENCY, INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

COMMERCIAL INSURANCE MANAGEMENT AGENCY, INC

Borrower Address

2727 Mount Olive Rd

Borrower City

MOUNT OLIVE

Borrower State

AL

Borrower Zip

35117-3807

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119445.00

Current Approval Amount

119445.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT OLIVE

Project County Name

JEFFERSON

Project State

AL

Project Zip

35117-3807

CD

AL-06

Jobs Reported

7

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

119445.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

120327.57

Forgiveness Date

01/14/2021

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