PPP Loan information for Old colony insurance service, inc.

$181,800

Old colony insurance service, inc. was initially approved for PPP Loan of amount $181,800, the current approved amount is $181,800. The loan was approved on 04/03/2020 by The Central Bank & Trust Co. reported 13 jobs and $181,800 was used to fund payroll.

Old colony insurance service, inc. is Existing or more than 2 years old

OLD COLONY INSURANCE SERVICE, INC.

Date Approved

04/03/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

OLD COLONY INSURANCE SERVICE, INC.

Borrower Address

1900 Cambirdge Drive

Borrower City

LEXINGTON

Borrower State

KY

Borrower Zip

40533-9000

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

181800.00

Current Approval Amount

181800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27196

Servicing Lender Name

Central Bank & Trust Co.

Servicing Lender Address

300 W Vine St

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40507-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

FAYETTE

Project State

KY

Project Zip

40533-9000

CD

KY-06

Jobs Reported

13

NAICS Code

524210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

160000.00

Mortgage Interest Proceed

0.00

Rent Proceed

21800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

27196

Originating Lender

Central Bank & Trust Co.

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

172854.66

Forgiveness Date

11/23/2020

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