PPP Loan information for Practicemax inc

$2,000,000

Practicemax 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 02/04/2021 by The Bank of America, National Association reported 115 jobs and $2,000,000 was used to fund payroll.

Practicemax inc is Existing or more than 2 years old

PRACTICEMAX INC

Date Approved

02/04/2021

SBA Office Code

0988

Processing Method

PPS

Borrower Name

PRACTICEMAX INC

Borrower Address

9382 E Bahia Dr Ste B202

Borrower City

Scottsdale

Borrower State

AZ

Borrower Zip

85260-1580

Loan Status Date

04/19/2022

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

Scottsdale

Project County Name

MARICOPA

Project State

AZ

Project Zip

85260-1580

CD

AZ-01

Jobs Reported

115

NAICS Code

541219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999993.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2021753.42

Forgiveness Date

03/15/2022

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