PPP Loan information for Shafer insurance agency, inc.

$620,543

Shafer insurance agency, inc. was initially approved for PPP Loan of amount $620,543, the current approved amount is $620,543. The loan was approved on 04/10/2020 by The First Horizon Bank reported 35 jobs and $620,543 was used to fund payroll.

Shafer insurance agency, inc. is Existing or more than 2 years old

PPP Loan Search / TN / KNOXVILLE / Shafer insurance agency, inc.

SHAFER INSURANCE AGENCY, INC.

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SHAFER INSURANCE AGENCY, INC.

Borrower Address

1100 Marion St. Suite 200

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37921-6854

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

620543.00

Current Approval Amount

620543.00

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

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KNOXVILLE

Project County Name

KNOX

Project State

TN

Project Zip

37921-6854

CD

TN-02

Jobs Reported

35

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

591667.00

Mortgage Interest Proceed

28876.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

629368.50

Forgiveness Date

09/23/2021

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