PPP Loan information for State farm insurance agency

$40,400

State farm insurance agency was initially approved for PPP Loan of amount $58,500, the current approved amount is $40,400. The loan was approved on 04/15/2020 by The Customers Bank reported 4 jobs and $40,400 was used to fund payroll.

State farm insurance agency is Existing or more than 2 years old

PPP Loan Search / NJ / East Brunswick / State farm insurance agency

STATE FARM INSURANCE AGENCY

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

STATE FARM INSURANCE AGENCY

Borrower Address

1200 Tices Lane, Suite 103

Borrower City

East Brunswick

Borrower State

NJ

Borrower Zip

08816

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58500.00

Current Approval Amount

40400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

East Brunswick

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08816-0001

CD

NJ-12

Jobs Reported

4

NAICS Code

523930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40400.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40703.28

Forgiveness Date

02/11/2021

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