PPP Loan information for Sam newton insurance agency

$98,601

Sam newton insurance agency was initially approved for PPP Loan of amount $98,601, the current approved amount is $98,601. The loan was approved on 04/27/2020 by The Bank Independent reported 13 jobs and $98,601 was used to fund payroll.

Sam newton insurance agency is Existing or more than 2 years old

SAM NEWTON INSURANCE AGENCY

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SAM NEWTON INSURANCE AGENCY

Borrower Address

11342 Hwy 101

Borrower City

Lexington

Borrower State

AL

Borrower Zip

35648

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98600.82

Current Approval Amount

98600.82

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3273

Servicing Lender Name

Bank Independent

Servicing Lender Address

710 S Montgomery Ave

Servicing Lender City

SHEFFIELD

Servicing Lender State

AL

Servicing Lender Zip

35660-3812

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lexington

Project County Name

LAUDERDALE

Project State

AL

Project Zip

35648-0001

CD

AL-05

Jobs Reported

13

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

98600.82

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

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

99326.63

Forgiveness Date

01/25/2021

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