PPP Loan information for The young insurance agency group, inc.

$47,700

The young insurance agency group, inc. was initially approved for PPP Loan of amount $47,700, the current approved amount is $47,700. The loan was approved on 04/09/2020 by The TowneBank reported 5 jobs and $47,700 was used to fund payroll.

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

PPP Loan Search / VA / PORTSMOUTH / The young insurance agency group, inc.

THE YOUNG INSURANCE AGENCY GROUP, INC.

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

THE YOUNG INSURANCE AGENCY GROUP, INC.

Borrower Address

2865B Airline Blvd

Borrower City

PORTSMOUTH

Borrower State

VA

Borrower Zip

23701-2704

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47700.00

Current Approval Amount

47700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORTSMOUTH

Project County Name

PORTSMOUTH CITY

Project State

VA

Project Zip

23701-2704

CD

VA-03

Jobs Reported

5

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

47700.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48162.43

Forgiveness Date

04/01/2021

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