PPP Loan information for Professional property management inc.

$600,400

Professional property management inc. was initially approved for PPP Loan of amount $600,400, the current approved amount is $600,400. The loan was approved on 01/23/2021 by The Peoples Bank reported 48 jobs and $600,400 was used to fund payroll.

Professional property management inc. is Existing or more than 2 years old

PPP Loan Search / IA / West Des Moines / Professional property management inc.

PROFESSIONAL PROPERTY MANAGEMENT INC.

Date Approved

01/23/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

PROFESSIONAL PROPERTY MANAGEMENT INC.

Borrower Address

5901 Vista Dr

Borrower City

West Des Moines

Borrower State

IA

Borrower Zip

50266-7240

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

600400.00

Current Approval Amount

600400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25049

Servicing Lender Name

Peoples Bank

Servicing Lender Address

12701 University Ave

Servicing Lender City

CLIVE

Servicing Lender State

IA

Servicing Lender Zip

50325-8246

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Des Moines

Project County Name

POLK

Project State

IA

Project Zip

50266-7240

CD

IA-03

Jobs Reported

48

NAICS Code

531311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

600397.00

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

25049

Originating Lender

Peoples Bank

Originating Lender City

CLIVE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

604636.16

Forgiveness Date

10/08/2021

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