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 04/13/2020 by The American National Bank reported 15 jobs and $277,315 was used to fund payroll.

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

LIFE INSURANCE SETTLEMENTS, INC.

Date Approved

04/13/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

LIFE INSURANCE SETTLEMENTS, INC.

Borrower Address

1180 SW 36TH AVE Suite 201

Borrower City

POMPANO BEACH

Borrower State

FL

Borrower Zip

33069-4835

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

277315.00

Current Approval Amount

277315.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17509

Servicing Lender Name

American National Bank

Servicing Lender Address

4301 N Federal Hwy

Servicing Lender City

OAKLAND PARK

Servicing Lender State

FL

Servicing Lender Zip

33308-5207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

POMPANO BEACH

Project County Name

BROWARD

Project State

FL

Project Zip

33069-4835

CD

FL-20

Jobs Reported

15

NAICS Code

524113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8000.00

Payroll Proceed

185000.00

Mortgage Interest Proceed

0.00

Rent Proceed

24315.00

Refinance EIDL Proceed

0.00

Health Care Proceed

60000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

17509

Originating Lender

American National Bank

Originating Lender City

OAKLAND PARK

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

279664.47

Forgiveness Date

02/17/2021

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