ADVANTAGE INSURANCE AGENCY, INC. (MA) - 2020 PPP Loan Borrower Profile (# 9025347206)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANTAGE INSURANCE AGENCY, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Massachusetts.

Loan Detail

Loan Number

9025347206

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$33,500

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$33,821.97

Date Loan was Forgiven

Apr 19, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

23,200

Rent Proceed

3,400

Health Care Proceed

6,900

Lender

Enterprise Bank and Trust Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

524210

Borrower Location

METHUEN, MA

Project Location

METHUEN, MA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.