PPP Loan information for Commercial insurance managers inc.

$119,300

Commercial insurance managers inc. was initially approved for PPP Loan of amount $119,300, the current approved amount is $119,300. The loan was approved on 04/29/2020 by The First-Citizens Bank & Trust Company reported 7 jobs and $119,300 was used to fund payroll.

Commercial insurance managers inc. is New Business or 2 years or less

PPP Loan Search / MD / Elkridge / Commercial insurance managers inc.

COMMERCIAL INSURANCE MANAGERS INC.

Date Approved

04/29/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

COMMERCIAL INSURANCE MANAGERS INC.

Borrower Address

8170 Lark Brown Rd Ste 102

Borrower City

Elkridge

Borrower State

MD

Borrower Zip

21075

Loan Status Date

05/11/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119300.00

Current Approval Amount

119300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Elkridge

Project County Name

HOWARD

Project State

MD

Project Zip

21075-0001

CD

MD-03

Jobs Reported

7

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

119300.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

121640.24

Forgiveness Date

04/21/2022

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