PPP Loan information for Insurance direct, inc.

$76,752

Insurance direct, inc. was initially approved for PPP Loan of amount $76,752, the current approved amount is $76,752. The loan was approved on 04/27/2020 by The Farmers and Merchants Bank reported 8 jobs and $76,752 was used to fund payroll.

Insurance direct, inc. is Existing or more than 2 years old

INSURANCE DIRECT, INC.

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

INSURANCE DIRECT, INC.

Borrower Address

2101 PATTON CHAPEL RD

Borrower City

LINCOLN

Borrower State

AL

Borrower Zip

35096-4730

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

76751.65

Current Approval Amount

76751.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3189

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

112 E Ladiga St

Servicing Lender City

PIEDMONT

Servicing Lender State

AL

Servicing Lender Zip

36272-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LINCOLN

Project County Name

TALLADEGA

Project State

AL

Project Zip

35096-4730

CD

AL-03

Jobs Reported

8

NAICS Code

423110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

76751.65

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

3189

Originating Lender

Farmers and Merchants Bank

Originating Lender City

PIEDMONT

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

77502.34

Forgiveness Date

04/26/2021

;