PPP Loan information for Medical billing resources, inc

$228,500

Medical billing resources, inc was initially approved for PPP Loan of amount $228,500, the current approved amount is $228,500. The loan was approved on 04/27/2020 by The Loan Source Incorporated reported 14 jobs and $228,500 was used to fund payroll.

Medical billing resources, inc is Existing or more than 2 years old

PPP Loan Search / MI / FARMINGTON HILLS / Medical billing resources, inc

MEDICAL BILLING RESOURCES, INC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MEDICAL BILLING RESOURCES, INC

Borrower Address

28237 ORCHARD LAKE RD STE 100

Borrower City

FARMINGTON HILLS

Borrower State

MI

Borrower Zip

48334-3743

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

228500.00

Current Approval Amount

228500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48334-3743

CD

MI-11

Jobs Reported

14

NAICS Code

541219

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

228500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

49887

Originating Lender

Flagstar Bank National Association

Originating Lender City

HICKSVILLE

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

230734.92

Forgiveness Date

04/22/2021

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