PPP Loan information for Falvey insurance group ltd

$1,296,297

Falvey insurance group ltd was initially approved for PPP Loan of amount $1,296,297, the current approved amount is $1,296,297. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 80 jobs and $1,296,297 was used to fund payroll.

Falvey insurance group ltd is New Business or 2 years or less

FALVEY INSURANCE GROUP LTD

Date Approved

05/01/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

FALVEY INSURANCE GROUP LTD

Borrower Address

66 Whitecap Dr

Borrower City

North Kingstown

Borrower State

RI

Borrower Zip

02852

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1296297.00

Current Approval Amount

1296297.00

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

New Business or 2 years or less

Project City

North Kingstown

Project County Name

WASHINGTON

Project State

RI

Project Zip

02852-0001

CD

RI-02

Jobs Reported

80

NAICS Code

524126

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1296297.00

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

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1305033.69

Forgiveness Date

01/14/2021

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