PPP Loan information for Professional benefits services, inc.

$493,945

Professional benefits services, inc. was initially approved for PPP Loan of amount $493,945, the current approved amount is $493,945. The loan was approved on 04/15/2020 by The United Bank of Michigan reported 36 jobs and $493,945 was used to fund payroll.

Professional benefits services, inc. is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Professional benefits services, inc.

PROFESSIONAL BENEFITS SERVICES, INC.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PROFESSIONAL BENEFITS SERVICES, INC.

Borrower Address

5300 PATTERSON AVE SE STE 150

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49512-9628

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

493945.00

Current Approval Amount

493945.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36555

Servicing Lender Name

United Bank of Michigan

Servicing Lender Address

900 E Paris Ave SE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49546-3676

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49512-9628

CD

MI-03

Jobs Reported

36

NAICS Code

813990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1027.00

Payroll Proceed

415022.00

Mortgage Interest Proceed

0.00

Rent Proceed

38233.00

Refinance EIDL Proceed

0.00

Health Care Proceed

39663.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36555

Originating Lender

United Bank of Michigan

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

499145.14

Forgiveness Date

05/10/2021

;