# PPP loan: MONTGOMERYINSURANCE & INVESTMENTS AGENCY, INC.
> **$279K** approved 04/10/2020 · Paid in Full · Loan `1980567106`
## Borrower
- **Name:** MONTGOMERYINSURANCE & INVESTMENTS AGENCY, INC.
- **Address:** 114 S DETROIT ST, XENIA, OH, 45385-3500
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $279K
- **Initial approval:** $279K
- **Forgiven:** $282K (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $223K
- **Rent:** $9K
- **Utilities:** $5K
- **Health care:** $43K
- **Jobs reported:** 23
## Lender
- **Originating:** The Old Fort Banking Company
- **Servicing:** The Old Fort Banking Company (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*