PPP Loan information for Insurance associates inc of the midwest

$79,300

Insurance associates inc of the midwest was initially approved for PPP Loan of amount $79,300, the current approved amount is $79,300. The loan was approved on 04/03/2020 by The Citizens State Bank reported 8 jobs and $79,300 was used to fund payroll.

Insurance associates inc of the midwest is Existing or more than 2 years old

PPP Loan Search / IA / MONTICELLO / Insurance associates inc of the midwest

INSURANCE ASSOCIATES INC OF THE MIDWEST

Date Approved

04/03/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

INSURANCE ASSOCIATES INC OF THE MIDWEST

Borrower Address

16133 County Rd E-16

Borrower City

MONTICELLO

Borrower State

IA

Borrower Zip

52310-7684

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79300.00

Current Approval Amount

79300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25086

Servicing Lender Name

Citizens State Bank

Servicing Lender Address

117 W First St

Servicing Lender City

MONTICELLO

Servicing Lender State

IA

Servicing Lender Zip

52310-1520

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTICELLO

Project County Name

JONES

Project State

IA

Project Zip

52310-7684

CD

IA-01

Jobs Reported

8

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5300.00

Payroll Proceed

66200.00

Mortgage Interest Proceed

0.00

Rent Proceed

7800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25086

Originating Lender

Citizens State Bank

Originating Lender City

MONTICELLO

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

79958.63

Forgiveness Date

01/28/2021

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