PPP Loan information for Convelo insurance group, llc

$110,200

Convelo insurance group, llc was initially approved for PPP Loan of amount $110,200, the current approved amount is $110,200. The loan was approved on 04/05/2020 by The Lake Forest Bank & Trust Company, National Association reported 4 jobs and $110,200 was used to fund payroll.

Convelo insurance group, llc is Existing or more than 2 years old

PPP Loan Search / NJ / TINTON FALLS / Convelo insurance group, llc

CONVELO INSURANCE GROUP, LLC

Date Approved

04/05/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

CONVELO INSURANCE GROUP, LLC

Borrower Address

106 APPLE ST

Borrower City

TINTON FALLS

Borrower State

NJ

Borrower Zip

07724-2662

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

110200.00

Current Approval Amount

110200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117732

Servicing Lender Name

Lake Forest Bank & Trust Company, National Association

Servicing Lender Address

727 N Bank Ln

Servicing Lender City

LAKE FOREST

Servicing Lender State

IL

Servicing Lender Zip

60045-1887

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TINTON FALLS

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07724-2662

CD

NJ-04

Jobs Reported

4

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13775.00

Payroll Proceed

82650.00

Mortgage Interest Proceed

0.00

Rent Proceed

13775.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

117732

Originating Lender

Lake Forest Bank & Trust Company, National Association

Originating Lender City

LAKE FOREST

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

111173.43

Forgiveness Date

03/01/2021

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