ABELSTAD INSURANCE (CO) - 2020 PPP Loan Borrower Profile (# 6351158500)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABELSTAD INSURANCE. 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 Colorado.

Loan Detail

Loan Number

6351158500

SBA Office Code

0811

Processing Method

PPS

Curent Loan Amount

$6,957

Date Loan was Approved

Mar 3, 2021

Amount Forgiven

$7,004.46

Date Loan was Forgiven

Nov 9, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

6,955

Lender

Farmers Insurance Group FCU

Business Detail

Business Type

Corporation

NAICS

524210

Borrower Location

Colorado Springs, CO

Project Location

Colorado Springs, CO

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.