PPP Loan information for Phillips insurance agency inc

$300,000

Phillips insurance agency inc was initially approved for PPP Loan of amount $300,000, the current approved amount is $300,000. The loan was approved on 04/06/2020 by The Westfield Bank reported 24 jobs and $300,000 was used to fund payroll.

Phillips insurance agency inc is Existing or more than 2 years old

PPP Loan Search / MA / CHICOPEE / Phillips insurance agency inc

PHILLIPS INSURANCE AGENCY INC

Date Approved

04/06/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

PHILLIPS INSURANCE AGENCY INC

Borrower Address

97 CENTER ST

Borrower City

CHICOPEE

Borrower State

MA

Borrower Zip

01013-1664

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300000.00

Current Approval Amount

300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33436

Servicing Lender Name

Westfield Bank

Servicing Lender Address

141 Elm St

Servicing Lender City

WESTFIELD

Servicing Lender State

MA

Servicing Lender Zip

01085-2910

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHICOPEE

Project County Name

HAMPDEN

Project State

MA

Project Zip

01013-1664

CD

MA-01

Jobs Reported

24

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

300000.00

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

33436

Originating Lender

Westfield Bank

Originating Lender City

WESTFIELD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

302333.33

Forgiveness Date

01/12/2021

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