PPP Loan information for The hershey insurance group

$378,300

The hershey insurance group was initially approved for PPP Loan of amount $378,300, the current approved amount is $378,300. The loan was approved on 04/05/2020 by The Lake Forest Bank & Trust Company, National Association reported 24 jobs and $378,300 was used to fund payroll.

The hershey insurance group is Existing or more than 2 years old

THE HERSHEY INSURANCE GROUP

Date Approved

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THE HERSHEY INSURANCE GROUP

Borrower Address

2855 COOLIDGE HWY

Borrower City

TROY

Borrower State

MI

Borrower Zip

48084-3200

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

378300.00

Current Approval Amount

378300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117732

Servicing Lender Name

Lake Forest Bank & Trust Company, National Association

Servicing Lender Address

727 N Bank Ln

Servicing Lender City

LAKE FOREST

Servicing Lender State

IL

Servicing Lender Zip

60045-1887

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TROY

Project County Name

OAKLAND

Project State

MI

Project Zip

48084-3200

CD

MI-11

Jobs Reported

24

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4728.75

Payroll Proceed

283725.00

Mortgage Interest Proceed

0.00

Rent Proceed

89846.25

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

117732

Originating Lender

Lake Forest Bank & Trust Company, National Association

Originating Lender City

LAKE FOREST

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

380790.48

Forgiveness Date

12/09/2020

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