PPP Loan information for Professional concrete inc

$226,500

Professional concrete inc was initially approved for PPP Loan of amount $226,500, the current approved amount is $226,500. The loan was approved on 04/15/2020 by The Cadence Bank reported 21 jobs and $226,500 was used to fund payroll.

Professional concrete inc is Existing or more than 2 years old

PROFESSIONAL CONCRETE INC

Date Approved

04/15/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

PROFESSIONAL CONCRETE INC

Borrower Address

5220 McIntosh Road

Borrower City

SARASOTA

Borrower State

FL

Borrower Zip

34233-4044

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

226500.00

Current Approval Amount

226500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SARASOTA

Project County Name

SARASOTA

Project State

FL

Project Zip

34233-4044

CD

FL-17

Jobs Reported

21

NAICS Code

238910

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

0.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

226500.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

228274.25

Forgiveness Date

02/12/2021

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