PPP Loan information for Southern american insurance agency, inc.

$171,150

Southern american insurance agency, inc. was initially approved for PPP Loan of amount $171,150, the current approved amount is $171,150. The loan was approved on 04/27/2020 by The American Express National Bank reported 13 jobs and $171,150 was used to fund payroll.

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

PPP Loan Search / TX / Cypress / Southern american insurance agency, inc.

SOUTHERN AMERICAN INSURANCE AGENCY, INC.

Date Approved

04/27/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

SOUTHERN AMERICAN INSURANCE AGENCY, INC.

Borrower Address

13823 Schmidt Road

Borrower City

Cypress

Borrower State

TX

Borrower Zip

77429

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

171150.00

Current Approval Amount

171150.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cypress

Project County Name

HARRIS

Project State

TX

Project Zip

77429-0001

CD

TX-10

Jobs Reported

13

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8557.50

Payroll Proceed

154035.00

Mortgage Interest Proceed

0.00

Rent Proceed

8557.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

172223.79

Forgiveness Date

12/22/2020

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