PPP Loan information for Professional business management, inc.

$265,700

Professional business management, inc. was initially approved for PPP Loan of amount $265,700, the current approved amount is $265,700. The loan was approved on 04/08/2020 by The Lake Forest Bank & Trust Company, National Association reported 18 jobs and $265,700 was used to fund payroll.

Professional business management, inc. is Existing or more than 2 years old

PPP Loan Search / IL / BARRINGTON / Professional business management, inc.

PROFESSIONAL BUSINESS MANAGEMENT, INC.

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PROFESSIONAL BUSINESS MANAGEMENT, INC.

Borrower Address

1300 S GROVE AVE Suite 201

Borrower City

BARRINGTON

Borrower State

IL

Borrower Zip

60010-5217

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

265700.00

Current Approval Amount

265700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117732

Servicing Lender Name

Lake Forest Bank & Trust Company, National Association

Servicing Lender Address

727 N Bank Ln

Servicing Lender City

LAKE FOREST

Servicing Lender State

IL

Servicing Lender Zip

60045-1887

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BARRINGTON

Project County Name

COOK

Project State

IL

Project Zip

60010-5217

CD

IL-05

Jobs Reported

18

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

250000.00

Mortgage Interest Proceed

15700.00

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

117732

Originating Lender

Lake Forest Bank & Trust Company, National Association

Originating Lender City

LAKE FOREST

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

257475.69

Forgiveness Date

12/28/2020

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