ADVANCED INSURANCE SOLUTIONS LLC (LA) - 2020 PPP Loan Borrower Profile (# 8205527008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED INSURANCE SOLUTIONS LLC. 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 Louisiana.

Loan Detail

Loan Number

8205527008

SBA Office Code

0679

Processing Method

PPP

Curent Loan Amount

$60,782

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$61,332.41

Date Loan was Forgiven

Mar 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

920

Payroll Proced

56,862

Rent Proceed

3,000

Lender

The First Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

524210

Borrower Location

HAMMOND, LA

Project Location

HAMMOND, LA

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.