PPP Loan information for The insurance group, llc

$105,303

The insurance group, llc was initially approved for PPP Loan of amount $105,303, the current approved amount is $105,303. The loan was approved on 04/07/2020 by The Mountain Commerce Bank reported 9 jobs and $105,303 was used to fund payroll.

The insurance group, llc is Existing or more than 2 years old

THE INSURANCE GROUP, LLC

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

THE INSURANCE GROUP, LLC

Borrower Address

11304 STATION WEST DR

Borrower City

FARRAGUT

Borrower State

TN

Borrower Zip

37934-1632

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

105302.97

Current Approval Amount

105302.97

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66985

Servicing Lender Name

Mountain Commerce Bank

Servicing Lender Address

6101 Kingston Pk

Servicing Lender City

KNOXVILLE

Servicing Lender State

TN

Servicing Lender Zip

37919-4020

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARRAGUT

Project County Name

KNOX

Project State

TN

Project Zip

37934-1632

CD

TN-02

Jobs Reported

9

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6581.44

Payroll Proceed

78977.23

Mortgage Interest Proceed

0.00

Rent Proceed

19744.30

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

66985

Originating Lender

Mountain Commerce Bank

Originating Lender City

KNOXVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

105696.87

Forgiveness Date

12/09/2020

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