PPP Loan information for Russell banks insurance agency

$20,675

Russell banks insurance agency was initially approved for PPP Loan of amount $20,675, the current approved amount is $20,675. The loan was approved on 04/15/2020 by The First Horizon Bank reported 2 jobs and $20,675 was used to fund payroll.

Russell banks insurance agency is New Business or 2 years or less

RUSSELL BANKS INSURANCE AGENCY

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RUSSELL BANKS INSURANCE AGENCY

Borrower Address

520 HARPER AVE SW

Borrower City

LENOIR

Borrower State

NC

Borrower Zip

28645

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20675.00

Current Approval Amount

20675.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LENOIR

Project County Name

CALDWELL

Project State

NC

Project Zip

28645-0001

CD

NC-05

Jobs Reported

2

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20675.00

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

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20894.96

Forgiveness Date

05/13/2021

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