PPP Loan information for Professional billing & management inc

$38,130

Professional billing & management inc was initially approved for PPP Loan of amount $38,130, the current approved amount is $38,130. The loan was approved on 01/22/2021 by The Vermillion State Bank reported 4 jobs and $38,130 was used to fund payroll.

Professional billing & management inc is Existing or more than 2 years old

PROFESSIONAL BILLING & MANAGEMENT INC

Date Approved

01/22/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PROFESSIONAL BILLING & MANAGEMENT INC

Borrower Address

13911 Ridgedale Dr Ste 350

Borrower City

Minnetonka

Borrower State

MN

Borrower Zip

55305-1770

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

38129.95

Current Approval Amount

38129.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38967

Servicing Lender Name

Vermillion State Bank

Servicing Lender Address

107 E Main St

Servicing Lender City

VERMILLION

Servicing Lender State

MN

Servicing Lender Zip

55085

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Minnetonka

Project County Name

HENNEPIN

Project State

MN

Project Zip

55305-1770

CD

MN-03

Jobs Reported

4

NAICS Code

541219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

38127.95

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

Corporation

Originating Lender Location Id

38967

Originating Lender

Vermillion State Bank

Originating Lender City

VERMILLION

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

38537.73

Forgiveness Date

02/22/2022

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