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
- City
- Excelsior
- State
- Minnesota
- 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
Other PPP Loans in Excelsior, MN
| Business | Approved | |
|---|---|---|
| Southshore Investments Inc. | $1,500,279 | |
| Westwood Community Church | $1,233,000 | |
| Snip Inc. | $1,174,703 | |
| United States Compliance Corp | $1,110,800 | |
| Oppidan, Incorporated | $849,200 |
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