A & B INSURANCE AGENCY INC (MI) - 2020 PPP Loan Borrower Profile (# 5471258005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A & B 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 Michigan.

Loan Detail

Loan Number

5471258005

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$87,127

Date Loan was Approved

Jun 28, 2020

Amount Forgiven

Date Loan was Forgiven

Loan Status

Charged Off

Loan Term

23 Months

Payroll Proced

87,127

Lender

Kabbage, Inc.

Business Detail

Business Type

Corporation

NAICS

524210

Borrower Location

WARREN, MI

Project Location

WARREN, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.