PPP Loan information for Powell & meadows insurance agency, inc

$439,810

Powell & meadows insurance agency, inc was initially approved for PPP Loan of amount $439,810, the current approved amount is $439,810. The loan was approved on 04/14/2020 by The Citizens Bank reported 34 jobs and $439,810 was used to fund payroll.

Powell & meadows insurance agency, inc is Existing or more than 2 years old

PPP Loan Search / TN / CARTHAGE / Powell & meadows insurance agency, inc

POWELL & MEADOWS INSURANCE AGENCY, INC

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

POWELL & MEADOWS INSURANCE AGENCY, INC

Borrower Address

1006 MAIN ST N

Borrower City

CARTHAGE

Borrower State

TN

Borrower Zip

37030-1005

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

439810.00

Current Approval Amount

439810.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66851

Servicing Lender Name

Citizens Bank

Servicing Lender Address

407 Main St N

Servicing Lender City

CARTHAGE

Servicing Lender State

TN

Servicing Lender Zip

37030-1207

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CARTHAGE

Project County Name

SMITH

Project State

TN

Project Zip

37030-1005

CD

TN-06

Jobs Reported

34

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

439810.00

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

66851

Originating Lender

Citizens Bank

Originating Lender City

CARTHAGE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

443677.92

Forgiveness Date

03/05/2021

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