# PPP loan: RESECO INSURANCE ADVISORS, LLC
> **$521K** approved 04/05/2020 · Paid in Full · Loan `5181397007`
## Borrower
- **Name:** RESECO INSURANCE ADVISORS, LLC
- **Address:** 7901 16TH ST, PHOENIX, AZ, 85020-7418
- **NAICS:** 524210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $521K
- **Initial approval:** $521K
- **Forgiven:** $525K (101%)
- **Forgiveness date:** 02/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $390K
- **Rent:** $65K
- **Utilities:** $65K
- **Jobs reported:** 33
## Lender
- **Originating:** Lake Forest Bank & Trust Company, National Association
- **Servicing:** Lake Forest Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*