PPP Loan information for Professional management, inc.

$215,585

Professional management, inc. was initially approved for PPP Loan of amount $172,624, the current approved amount is $215,585. The loan was approved on 04/28/2020 by The Veridian CU reported 19 jobs and $215,585 was used to fund payroll.

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

PROFESSIONAL MANAGEMENT, INC.

Date Approved

04/28/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

PROFESSIONAL MANAGEMENT, INC.

Borrower Address

340 Tower Park Dr

Borrower City

Waterloo

Borrower State

IA

Borrower Zip

50701-9003

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172624.00

Current Approval Amount

215585.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

96989

Servicing Lender Name

Veridian CU

Servicing Lender Address

1827 Ansborough Ave

Servicing Lender City

WATERLOO

Servicing Lender State

IA

Servicing Lender Zip

50701-3629

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waterloo

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50701-9003

CD

IA-02

Jobs Reported

19

NAICS Code

561491

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

215585.00

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

Subchapter S Corporation

Originating Lender Location Id

96989

Originating Lender

Veridian CU

Originating Lender City

WATERLOO

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

217250.62

Forgiveness Date

02/05/2021

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