# PPP loan: THE INSURANCE GROUP INC
> **$652K** approved 04/09/2020 · Paid in Full · Loan `9800537010`
## Borrower
- **Name:** THE INSURANCE GROUP INC
- **Address:** 200 E SOUTHAMPTON DR, COLUMBIA, MO, 65203-3032
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $652K
- **Initial approval:** $652K
- **Forgiven:** $656K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $521K
- **Rent:** $100K
- **Utilities:** $15K
- **Debt interest:** $15K
- **Jobs reported:** 45
## Lender
- **Originating:** Hawthorn Bank
- **Servicing:** Hawthorn Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*