PPP Loan information for Life insurance settlements inc

$277,315

Life insurance settlements inc was initially approved for PPP Loan of amount $277,315, the current approved amount is $277,315. The loan was approved on 04/26/2021 by The Wells Fargo Bank, National Association reported 15 jobs and $277,315 was used to fund payroll.

Life insurance settlements inc is Existing or more than 2 years old

PPP Loan Search / FL / Pompano Beach / Life insurance settlements inc

LIFE INSURANCE SETTLEMENTS INC

Date Approved

04/26/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

LIFE INSURANCE SETTLEMENTS INC

Borrower Address

1180 SW 36th Ave Ste 201

Borrower City

Pompano Beach

Borrower State

FL

Borrower Zip

33069-4837

Loan Status Date

04/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

277315.00

Current Approval Amount

277315.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Pompano Beach

Project County Name

BROWARD

Project State

FL

Project Zip

33069-4837

CD

FL-20

Jobs Reported

15

NAICS Code

524298

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

277313.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

279784.24

Forgiveness Date

03/21/2022

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