PPP Loan information for Professional balance co.

$95,365

Professional balance co. was initially approved for PPP Loan of amount $95,365, the current approved amount is $95,365. The loan was approved on 05/11/2020 by The The Middlefield Banking Company reported 6 jobs and $95,365 was used to fund payroll.

Professional balance co. is Existing or more than 2 years old

PROFESSIONAL BALANCE CO.

Date Approved

05/11/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

PROFESSIONAL BALANCE CO.

Borrower Address

37903 EUCLID AVE

Borrower City

WILLOUGHBY

Borrower State

OH

Borrower Zip

44094-5978

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

95365.00

Current Approval Amount

95365.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57805

Servicing Lender Name

The Middlefield Banking Company

Servicing Lender Address

15985 E High St

Servicing Lender City

MIDDLEFIELD

Servicing Lender State

OH

Servicing Lender Zip

44062

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLOUGHBY

Project County Name

LAKE

Project State

OH

Project Zip

44094-5978

CD

OH-14

Jobs Reported

6

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

95365.00

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

57805

Originating Lender

The Middlefield Banking Company

Originating Lender City

MIDDLEFIELD

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

96428.39

Forgiveness Date

06/28/2021

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