PPP Loan information for Management services partnership

$780,000

Management services partnership was initially approved for PPP Loan of amount $780,000, the current approved amount is $780,000. The loan was approved on 06/19/2020 by The Commerce Bank reported 87 jobs and $780,000 was used to fund payroll.

Management services partnership is Existing or more than 2 years old

MANAGEMENT SERVICES PARTNERSHIP

Date Approved

06/19/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

MANAGEMENT SERVICES PARTNERSHIP

Borrower Address

2801 E MONTGOMERY ST

Borrower City

LAREDO

Borrower State

TX

Borrower Zip

78043-1402

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

780000.00

Current Approval Amount

780000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70698

Servicing Lender Name

Commerce Bank

Servicing Lender Address

5800 San Dario

Servicing Lender City

LAREDO

Servicing Lender State

TX

Servicing Lender Zip

78041-3083

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAREDO

Project County Name

WEBB

Project State

TX

Project Zip

78043-1402

CD

TX-28

Jobs Reported

87

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

780000.00

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

Partnership

Originating Lender Location Id

70698

Originating Lender

Commerce Bank

Originating Lender City

LAREDO

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

785893.33

Forgiveness Date

03/31/2021

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