PPP Loan information for Hms insurance associates inc

$3,753,502

Hms insurance associates inc was initially approved for PPP Loan of amount $3,753,502, the current approved amount is $3,753,502. The loan was approved on 04/10/2020 by The Fulton Bank, National Association reported 251 jobs and $3,753,502 was used to fund payroll.

Hms insurance associates inc is Existing or more than 2 years old

PPP Loan Search / MD / Cockeysville / Hms insurance associates inc

HMS INSURANCE ASSOCIATES INC

Date Approved

04/10/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

HMS INSURANCE ASSOCIATES INC

Borrower Address

20 Wight Ave Suite 300

Borrower City

Cockeysville

Borrower State

MD

Borrower Zip

21030-1375

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3753502.00

Current Approval Amount

3753502.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cockeysville

Project County Name

BALTIMORE

Project State

MD

Project Zip

21030-1375

CD

MD-02

Jobs Reported

251

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

469187.75

Payroll Proceed

2815126.50

Mortgage Interest Proceed

0.00

Rent Proceed

469187.75

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3796563.01

Forgiveness Date

06/09/2021

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