PPP Loan information for Sherman insurance agency, inc

$323,500

Sherman insurance agency, inc was initially approved for PPP Loan of amount $323,500, the current approved amount is $323,500. The loan was approved on 04/11/2020 by The Key Community Bank reported 30 jobs and $323,500 was used to fund payroll.

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

PPP Loan Search / MN / South Saint Paul / Sherman insurance agency, inc

SHERMAN INSURANCE AGENCY, INC

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SHERMAN INSURANCE AGENCY, INC

Borrower Address

120 Bridgepoint Way #C

Borrower City

South Saint Paul

Borrower State

MN

Borrower Zip

55075-2475

Loan Status Date

02/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

323500.00

Current Approval Amount

323500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122749

Servicing Lender Name

Key Community Bank

Servicing Lender Address

5684 Bishop Ave

Servicing Lender City

INVER GROVE HEIGHTS

Servicing Lender State

MN

Servicing Lender Zip

55076-1403

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

South Saint Paul

Project County Name

DAKOTA

Project State

MN

Project Zip

55075-2475

CD

MN-02

Jobs Reported

30

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

323500.00

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

122749

Originating Lender

Key Community Bank

Originating Lender City

INVER GROVE HEIGHTS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

325928.47

Forgiveness Date

01/20/2021

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