Insurance King Agency, INC

$190,020 PPP Loan in Belvidere, Illinois

Loan Details

Loan Number
5739607107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$190,020
Current Approval
$190,020
Forgiveness Amount
$191,441
Forgiveness Date
Jan 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Insurance King Agency, INC
Address
928 Olson Spring Close
ZIP Code
61008
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$12.8M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$180,519
Rent
$4,751
Utilities
$4,750

Lender Information

Servicing Lender
Midland States Bank
Originating Lender
Midland States Bank

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