PPP Loan information for Compensation strategies insurance agency, inc.

$59,500

Compensation strategies insurance agency, inc. was initially approved for PPP Loan of amount $59,500, the current approved amount is $59,500. The loan was approved on 04/06/2020 by The OneLocal Bank reported 5 jobs and $59,500 was used to fund payroll.

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

PPP Loan Search / MA / NORWOOD / Compensation strategies insurance agency, inc.

COMPENSATION STRATEGIES INSURANCE AGENCY, INC.

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

COMPENSATION STRATEGIES INSURANCE AGENCY, INC.

Borrower Address

77 Access Road Suite 4

Borrower City

NORWOOD

Borrower State

MA

Borrower Zip

02062-5211

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59500.00

Current Approval Amount

59500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89266

Servicing Lender Name

OneLocal Bank

Servicing Lender Address

11 Central St

Servicing Lender City

NORWOOD

Servicing Lender State

MA

Servicing Lender Zip

02062-3505

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORWOOD

Project County Name

NORFOLK

Project State

MA

Project Zip

02062-5211

CD

MA-08

Jobs Reported

5

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

59500.00

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

89266

Originating Lender

OneLocal Bank

Originating Lender City

NORWOOD

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

60171.62

Forgiveness Date

06/03/2021

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