PPP Loan information for Professional staffing inc

$1,710,447

Professional staffing inc was initially approved for PPP Loan of amount $1,710,447, the current approved amount is $1,710,447. The loan was approved on 04/09/2020 by The First Horizon Bank reported 411 jobs and $1,710,447 was used to fund payroll.

Professional staffing inc is Existing or more than 2 years old

PPP Loan Search / TN / MEMPHIS / Professional staffing inc

PROFESSIONAL STAFFING INC

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

PROFESSIONAL STAFFING INC

Borrower Address

3731 MENDENHALL RD

Borrower City

MEMPHIS

Borrower State

TN

Borrower Zip

38115-0836

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1710447.00

Current Approval Amount

1710447.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MEMPHIS

Project County Name

SHELBY

Project State

TN

Project Zip

38115-0836

CD

TN-09

Jobs Reported

411

NAICS Code

561311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

1674447.00

Mortgage Interest Proceed

0.00

Rent Proceed

26000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1728264.16

Forgiveness Date

05/06/2021

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