PPP Loan information for Payroll professionals, inc.

$194,300

Payroll professionals, inc. was initially approved for PPP Loan of amount $194,300, the current approved amount is $194,300. The loan was approved on 04/08/2020 by The Bank Forward reported 12 jobs and $194,300 was used to fund payroll.

Payroll professionals, inc. is Existing or more than 2 years old

PAYROLL PROFESSIONALS, INC.

Date Approved

04/08/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

PAYROLL PROFESSIONALS, INC.

Borrower Address

1101 1st Ave N Ste A

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58102-3729

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

194300.00

Current Approval Amount

194300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52827

Servicing Lender Name

Bank Forward

Servicing Lender Address

390 Wheat St

Servicing Lender City

HANNAFORD

Servicing Lender State

ND

Servicing Lender Zip

58448-4801

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58102-3729

CD

ND-

Jobs Reported

12

NAICS Code

541214

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

38860.00

Payroll Proceed

155440.00

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

52827

Originating Lender

Bank Forward

Originating Lender City

HANNAFORD

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

195396.60

Forgiveness Date

11/03/2020

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