Chad S. Babcock Insurance Agency, Inc.

$120,800 PPP Loan in Excelsior, Minnesota

Loan Details

Loan Number
3976187106
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$120,800
Current Approval
$120,800
Forgiveness Amount
$121,914
Forgiveness Date
Mar 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Chad S. Babcock Insurance Agency, Inc.
Address
378 Oak St Suite 100
ZIP Code
55331-3034
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$90,600
Utilities
$30,200

Lender Information

Servicing Lender
Alerus Financial, National Association
Originating Lender
Alerus Financial, National Association

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