PPP Loan information for Moran insurance

$237,300

Moran insurance was initially approved for PPP Loan of amount $237,300, the current approved amount is $237,300. The loan was approved on 04/29/2020 by The Orrstown Bank reported 16 jobs and $237,300 was used to fund payroll.

Moran insurance is Existing or more than 2 years old

MORAN INSURANCE

Date Approved

04/29/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MORAN INSURANCE

Borrower Address

696 RITCHIE HWY Suite 300

Borrower City

SEVERNA PARK

Borrower State

MD

Borrower Zip

21146-3913

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

237300.00

Current Approval Amount

237300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61196

Servicing Lender Name

Orrstown Bank

Servicing Lender Address

77 E King St

Servicing Lender City

SHIPPENSBURG

Servicing Lender State

PA

Servicing Lender Zip

17257-1307

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SEVERNA PARK

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21146-3913

CD

MD-03

Jobs Reported

16

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

237300.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

61196

Originating Lender

Orrstown Bank

Originating Lender City

SHIPPENSBURG

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

239523.47

Forgiveness Date

04/14/2021

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