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 01/27/2021 by The Loan Source Incorporated reported 13 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

01/27/2021

SBA Office Code

0515

Processing Method

PPS

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

60

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

13

NAICS Code

541219

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

228496.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

230446.95

Forgiveness Date

12/14/2021

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