PPP Loan information for Business management resources inc

$621,600

Business management resources inc was initially approved for PPP Loan of amount $621,600, the current approved amount is $621,600. The loan was approved on 04/07/2020 by The The First National Bank in Sioux Falls reported 40 jobs and $621,600 was used to fund payroll.

Business management resources inc is Existing or more than 2 years old

PPP Loan Search / SD / SIOUX FALLS / Business management resources inc

BUSINESS MANAGEMENT RESOURCES INC

Date Approved

04/07/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

BUSINESS MANAGEMENT RESOURCES INC

Borrower Address

2101 W 41st St. Ste 49

Borrower City

SIOUX FALLS

Borrower State

SD

Borrower Zip

57105-6102

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

621600.00

Current Approval Amount

621600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66602

Servicing Lender Name

The First National Bank in Sioux Falls

Servicing Lender Address

100 S Phillips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6745

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SIOUX FALLS

Project County Name

MINNEHAHA

Project State

SD

Project Zip

57105-6102

CD

SD-

Jobs Reported

40

NAICS Code

441210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

71600.00

Payroll Proceed

500000.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66602

Originating Lender

The First National Bank in Sioux Falls

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

625959.72

Forgiveness Date

12/30/2020

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