PPP Loan information for The vern insurance group

$25,000

The vern insurance group was initially approved for PPP Loan of amount $35,020, the current approved amount is $25,000. The loan was approved on 04/15/2020 by The Stellar Bank reported 5 jobs and $25,000 was used to fund payroll.

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

THE VERN INSURANCE GROUP

Date Approved

04/15/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

THE VERN INSURANCE GROUP

Borrower Address

3311 BROADWAY ST

Borrower City

PEARLAND

Borrower State

TX

Borrower Zip

77581-4301

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35020.00

Current Approval Amount

25000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

451098

Servicing Lender Name

Stellar Bank

Servicing Lender Address

8727 W Sam Houston Pkwy North

Servicing Lender City

HOUSTON

Servicing Lender State

TX

Servicing Lender Zip

77040-5167

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEARLAND

Project County Name

BRAZORIA

Project State

TX

Project Zip

77581-4301

CD

TX-22

Jobs Reported

5

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

25000.00

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

451098

Originating Lender

Stellar Bank

Originating Lender City

HOUSTON

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25281.25

Forgiveness Date

06/08/2021

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