PPP Loan information for New horizon insurance agency inc

$8,000

New horizon insurance agency inc was initially approved for PPP Loan of amount $8,000, the current approved amount is $8,000. The loan was approved on 05/01/2020 by The Regions Bank reported 3 jobs and $8,000 was used to fund payroll.

New horizon insurance agency inc is Existing or more than 2 years old

NEW HORIZON INSURANCE AGENCY INC

Date Approved

05/01/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

NEW HORIZON INSURANCE AGENCY INC

Borrower Address

1404 WEST FIRST ST SUITE A

Borrower City

GULF SHORES

Borrower State

AL

Borrower Zip

36542

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8000.00

Current Approval Amount

8000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GULF SHORES

Project County Name

BALDWIN

Project State

AL

Project Zip

36542-0001

CD

AL-01

Jobs Reported

3

NAICS Code

524210

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

8000.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

8076.05

Forgiveness Date

04/19/2021

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