PPP Loan information for Professional towing and recovery llc

$305,200

Professional towing and recovery llc was initially approved for PPP Loan of amount $305,200, the current approved amount is $305,200. The loan was approved on 04/29/2020 by The Alerus Financial, National Association reported 39 jobs and $305,200 was used to fund payroll.

Professional towing and recovery llc is Existing or more than 2 years old

PROFESSIONAL TOWING AND RECOVERY LLC

Date Approved

04/29/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

PROFESSIONAL TOWING AND RECOVERY LLC

Borrower Address

3420 N 27th Ave

Borrower City

PHOENIX

Borrower State

AZ

Borrower Zip

85017-5013

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

305200.00

Current Approval Amount

305200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PHOENIX

Project County Name

MARICOPA

Project State

AZ

Project Zip

85017-5013

CD

AZ-03

Jobs Reported

39

NAICS Code

488410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

305200.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

308268.96

Forgiveness Date

05/04/2021

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