Kaplansky Insurance Agency, INC

$1,224,600 PPP Loan in Needham Heights, Massachusetts

Loan Details

Loan Number
5164407104
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$1,224,600
Current Approval
$1,224,600
Forgiveness Amount
$1,235,281
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kaplansky Insurance Agency, INC
Address
10 Kearney Road
ZIP Code
02494-2502
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
76
Estimated Revenue
$39.0M
Rural/Urban
Urban
Congressional District
MA-04

Loan Use Breakdown

Payroll
$843,691
Rent
$122,920
Utilities
$35,800
Health Care
$76,246
Debt Interest
$145,943

Lender Information

Servicing Lender
Bankwell Bank
Originating Lender
Bankwell Bank

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