PPP Loan information for Balance professional inc.

$2,000,000

Balance professional inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/28/2021 by The Bank of America, National Association reported 245 jobs and $2,000,000 was used to fund payroll.

Balance professional inc. is Existing or more than 2 years old

BALANCE PROFESSIONAL INC.

Date Approved

01/28/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

BALANCE PROFESSIONAL INC.

Borrower Address

3325 Hollywood Blvd Ste 502

Borrower City

Hollywood

Borrower State

FL

Borrower Zip

33021-6921

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hollywood

Project County Name

BROWARD

Project State

FL

Project Zip

33021-6921

CD

FL-25

Jobs Reported

245

NAICS Code

561320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2019835.62

Forgiveness Date

01/28/2022

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