PPP Loan information for Professional concepts insurance agency

$156,600

Professional concepts insurance agency was initially approved for PPP Loan of amount $156,600, the current approved amount is $156,600. The loan was approved on 04/13/2020 by The Customers Bank reported 15 jobs and $156,600 was used to fund payroll.

Professional concepts insurance agency is Existing or more than 2 years old

PROFESSIONAL CONCEPTS INSURANCE AGENCY

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PROFESSIONAL CONCEPTS INSURANCE AGENCY

Borrower Address

1127 South Old US Highway 23

Borrower City

Brighton

Borrower State

MI

Borrower Zip

48114

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

156600.00

Current Approval Amount

156600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brighton

Project County Name

LIVINGSTON

Project State

MI

Project Zip

48114-1600

CD

MI-07

Jobs Reported

15

NAICS Code

561312

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

156600.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

158101.64

Forgiveness Date

04/22/2021

;