PPP Loan information for Waid insurance agency inc

$67,500

Waid insurance agency inc was initially approved for PPP Loan of amount $67,500, the current approved amount is $67,500. The loan was approved on 04/28/2020 by The Cadence Bank reported 6 jobs and $67,500 was used to fund payroll.

Waid insurance agency inc is Existing or more than 2 years old

PPP Loan Search / AL / SPRINGVILLE / Waid insurance agency inc

WAID INSURANCE AGENCY INC

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

WAID INSURANCE AGENCY INC

Borrower Address

8121 US HIGHWAY 11

Borrower City

SPRINGVILLE

Borrower State

AL

Borrower Zip

35146-6109

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

67500.00

Current Approval Amount

67500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRINGVILLE

Project County Name

SAINT CLAIR

Project State

AL

Project Zip

35146-6109

CD

AL-03

Jobs Reported

6

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

58492.00

Mortgage Interest Proceed

4008.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

68118.75

Forgiveness Date

04/13/2021

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