PPP Loan information for Insurance underwriters limited

$698,700

Insurance underwriters limited was initially approved for PPP Loan of amount $698,700, the current approved amount is $698,700. The loan was approved on 04/12/2020 by The Gulf Coast Bank and Trust Company reported 42 jobs and $698,700 was used to fund payroll.

Insurance underwriters limited is Existing or more than 2 years old

INSURANCE UNDERWRITERS LIMITED

Date Approved

04/12/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

INSURANCE UNDERWRITERS LIMITED

Borrower Address

2610 Edenborn Ave

Borrower City

METAIRIE

Borrower State

LA

Borrower Zip

70002-7016

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

698700.00

Current Approval Amount

698700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116770

Servicing Lender Name

Gulf Coast Bank and Trust Company

Servicing Lender Address

200 St. Charles Ave

Servicing Lender City

NEW ORLEANS

Servicing Lender State

LA

Servicing Lender Zip

70130-2903

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

METAIRIE

Project County Name

JEFFERSON

Project State

LA

Project Zip

70002-7016

CD

LA-01

Jobs Reported

42

NAICS Code

524128

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

174675.00

Payroll Proceed

524025.00

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

Subchapter S Corporation

Originating Lender Location Id

116770

Originating Lender

Gulf Coast Bank and Trust Company

Originating Lender City

NEW ORLEANS

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

706230.43

Forgiveness Date

05/18/2021

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