PPP Loan information for Trusted insurance agency inc.

$153,474

Trusted insurance agency inc. was initially approved for PPP Loan of amount $153,474, the current approved amount is $153,474. The loan was approved on 04/09/2020 by The Sterling State Bank reported 18 jobs and $153,474 was used to fund payroll.

Trusted insurance agency inc. is Existing or more than 2 years old

TRUSTED INSURANCE AGENCY INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TRUSTED INSURANCE AGENCY INC.

Borrower Address

5100 THIMSEN AVE STE 228

Borrower City

MINNETONKA

Borrower State

MN

Borrower Zip

55345-4108

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

153474.00

Current Approval Amount

153474.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNETONKA

Project County Name

HENNEPIN

Project State

MN

Project Zip

55345-4108

CD

MN-03

Jobs Reported

18

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

153474.00

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

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

154953.32

Forgiveness Date

03/24/2021

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