Morris Insurance Agency INC

$48,000 PPP Loan in Traer, Iowa

Loan Details

Loan Number
6117357006
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$48,000
Current Approval
$48,000
Forgiveness Amount
$48,271
Forgiveness Date
Nov 2, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Morris Insurance Agency INC
Address
413 2nd Street
City
Traer
State
Iowa
ZIP Code
50675-1136
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$41,958
Rent
$6,042

Lender Information

Servicing Lender
Farmers Savings Bank & Trust
Originating Lender
Farmers Savings Bank & Trust

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