Advance Insurance Agency Inc.

$308,130 PPP Loan in Minneapolis, Minnesota

Loan Details

Loan Number
8366057010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$308,130
Current Approval
$308,130
Forgiveness Amount
$310,131
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Advance Insurance Agency Inc.
Address
5241 Minnesota Dr
ZIP Code
55435-5313
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$11.3M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$231,100
Rent
$61,627
Utilities
$15,403

Lender Information

Servicing Lender
Tradition Capital Bank
Originating Lender
Tradition Capital Bank

Other PPP Loans in Minneapolis, MN

BusinessApproved
Adams Communications Company, LLC$10,000,000NewBizBotAI Deep Dive
Young Mens Christian Association of the North$10,000,000NewBizBotAI Deep Dive
Border Foods INC$10,000,000NewBizBotAI Deep Dive
Fredrikson & Byron, P.a.$10,000,000NewBizBotAI Deep Dive
Salo, LLC$10,000,000NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free