PPP Loan information for The ideal insurance agency, inc.

$128,164

The ideal insurance agency, inc. was initially approved for PPP Loan of amount $128,164, the current approved amount is $128,164. The loan was approved on 04/14/2020 by The New Valley Bank & Trust reported 10 jobs and $128,164 was used to fund payroll.

The ideal insurance agency, inc. is Existing or more than 2 years old

PPP Loan Search / MA / LUDLOW / The ideal insurance agency, inc.

THE IDEAL INSURANCE AGENCY, INC.

Date Approved

04/14/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

THE IDEAL INSURANCE AGENCY, INC.

Borrower Address

187 EAST ST

Borrower City

LUDLOW

Borrower State

MA

Borrower Zip

01056-3410

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

128164.00

Current Approval Amount

128164.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

526572

Servicing Lender Name

New Valley Bank & Trust

Servicing Lender Address

One Monarch Place Suite 910

Servicing Lender City

Springfield

Servicing Lender State

MA

Servicing Lender Zip

01144

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LUDLOW

Project County Name

HAMPDEN

Project State

MA

Project Zip

01056-3410

CD

MA-01

Jobs Reported

10

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

128164.00

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

526572

Originating Lender

New Valley Bank & Trust

Originating Lender City

Springfield

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

118928.02

Forgiveness Date

12/16/2020

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