PPP Loan information for Payroll administrators, llc

$410,000

Payroll administrators, llc was initially approved for PPP Loan of amount $475,100, the current approved amount is $410,000. The loan was approved on 04/10/2020 by The Independent Bank reported 33 jobs and $410,000 was used to fund payroll.

Payroll administrators, llc is Existing or more than 2 years old

PAYROLL ADMINISTRATORS, LLC

Date Approved

04/10/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

PAYROLL ADMINISTRATORS, LLC

Borrower Address

2221 Justin Raod #119, PMB 151

Borrower City

FLOWER MOUND

Borrower State

TX

Borrower Zip

75028-4824

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

475100.00

Current Approval Amount

410000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLOWER MOUND

Project County Name

DENTON

Project State

TX

Project Zip

75028-4824

CD

TX-26

Jobs Reported

33

NAICS Code

524126

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10341.00

Payroll Proceed

355587.00

Mortgage Interest Proceed

0.00

Rent Proceed

19659.00

Refinance EIDL Proceed

0.00

Health Care Proceed

24413.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

414407.50

Forgiveness Date

05/13/2021

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