PPP Loan information for Professional business products inc

$138,600

Professional business products inc was initially approved for PPP Loan of amount $138,600, the current approved amount is $138,600. The loan was approved on 04/15/2020 by The Summit Community Bank, Inc. reported 9 jobs and $138,600 was used to fund payroll.

Professional business products inc is Existing or more than 2 years old

PPP Loan Search / WV / CRAB ORCHARD / Professional business products inc

PROFESSIONAL BUSINESS PRODUCTS INC

Date Approved

04/15/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

PROFESSIONAL BUSINESS PRODUCTS INC

Borrower Address

1454 ROBERT C BYRD DR

Borrower City

CRAB ORCHARD

Borrower State

WV

Borrower Zip

25827-9998

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

138600.00

Current Approval Amount

138600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRAB ORCHARD

Project County Name

RALEIGH

Project State

WV

Project Zip

25827-9998

CD

WV-01

Jobs Reported

9

NAICS Code

453998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8600.00

Payroll Proceed

111000.00

Mortgage Interest Proceed

19000.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

139701.10

Forgiveness Date

02/04/2021

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