PPP Loan information for Professional billing & management, inc.

$36,800

Professional billing & management, inc. was initially approved for PPP Loan of amount $36,800, the current approved amount is $36,800. The loan was approved on 04/04/2020 by The Vermillion State Bank reported 3 jobs and $36,800 was used to fund payroll.

Professional billing & management, inc. is New Business or 2 years or less

PPP Loan Search / MN / HOPKINS / Professional billing & management, inc.

PROFESSIONAL BILLING & MANAGEMENT, INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PROFESSIONAL BILLING & MANAGEMENT, INC.

Borrower Address

13911 Ridgedale Drive Suite 350

Borrower City

HOPKINS

Borrower State

MN

Borrower Zip

55305-1700

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36800.00

Current Approval Amount

36800.00

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

New Business or 2 years or less

Project City

HOPKINS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55305-1700

CD

MN-03

Jobs Reported

3

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

25700.00

Mortgage Interest Proceed

0.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6100.00

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

37158.80

Forgiveness Date

04/01/2021

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