PPP Loan information for Insurance agency of mid-america inc.

$398,896

Insurance agency of mid-america inc. was initially approved for PPP Loan of amount $398,896, the current approved amount is $398,896. The loan was approved on 04/08/2020 by The Valor Bank reported 27 jobs and $398,896 was used to fund payroll.

Insurance agency of mid-america inc. is Existing or more than 2 years old

INSURANCE AGENCY OF MID-AMERICA INC.

Date Approved

04/08/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

INSURANCE AGENCY OF MID-AMERICA INC.

Borrower Address

10009 S Pennsylvania Avenue

Borrower City

OKLAHOMA CITY

Borrower State

OK

Borrower Zip

73159-6905

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

398895.82

Current Approval Amount

398895.82

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58966

Servicing Lender Name

Valor Bank

Servicing Lender Address

1501 Renaissance Blvd

Servicing Lender City

EDMOND

Servicing Lender State

OK

Servicing Lender Zip

73013-3018

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OKLAHOMA CITY

Project County Name

CLEVELAND

Project State

OK

Project Zip

73159-6905

CD

OK-04

Jobs Reported

27

NAICS Code

524298

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

33241.32

Payroll Proceed

299171.86

Mortgage Interest Proceed

33241.32

Rent Proceed

33241.32

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

58966

Originating Lender

Valor Bank

Originating Lender City

EDMOND

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

402862.92

Forgiveness Date

04/15/2021

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