Insurance Administrator of America, Inc.

$506,250 PPP Loan in Cherry Hill, New Jersey

Loan Details

Loan Number
6029257109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$506,250
Current Approval
$506,250
Forgiveness Amount
$509,569
Forgiveness Date
Dec 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Insurance Administrator of America, Inc.
Address
1934 Olney Ave 200
ZIP Code
08003
Business Type
Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
New Business or 2 years or less
Jobs Reported
34
Estimated Revenue
$17.5M
Rural/Urban
Urban
Congressional District
NJ-01

Loan Use Breakdown

Payroll
$379,688
Utilities
$63,281
Mortgage Interest
$63,281

Lender Information

Servicing Lender
Fulton Bank, National Association
Originating Lender
Fulton Bank, National Association

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