PPP Loan information for State farm insurance

$34,900

State farm insurance was initially approved for PPP Loan of amount $14,100, the current approved amount is $34,900. The loan was approved on 04/10/2020 by The Commercial Bank reported 2 jobs and $34,900 was used to fund payroll.

State farm insurance is Existing or more than 2 years old

STATE FARM INSURANCE

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

STATE FARM INSURANCE

Borrower Address

4473 N ROAN ST

Borrower City

GRAY

Borrower State

TN

Borrower Zip

37615-5002

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14100.00

Current Approval Amount

34900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67045

Servicing Lender Name

Commercial Bank

Servicing Lender Address

6710 Cumberland Gap Pkwy

Servicing Lender City

HARROGATE

Servicing Lender State

TN

Servicing Lender Zip

37752-8013

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAY

Project County Name

WASHINGTON

Project State

TN

Project Zip

37615-5002

CD

TN-01

Jobs Reported

2

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

34900.00

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

Sole Proprietorship

Originating Lender Location Id

67045

Originating Lender

Commercial Bank

Originating Lender City

HARROGATE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

35101.64

Forgiveness Date

11/12/2020

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