PPP Loan information for Professional medical billing, inc.

$1,078,339

Professional medical billing, inc. was initially approved for PPP Loan of amount $1,078,339, the current approved amount is $1,078,339. The loan was approved on 04/07/2020 by The Lake City Bank reported 96 jobs and $1,078,339 was used to fund payroll.

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

PROFESSIONAL MEDICAL BILLING, INC.

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

PROFESSIONAL MEDICAL BILLING, INC.

Borrower Address

7619 W JEFFERSON BLVD

Borrower City

FORT WAYNE

Borrower State

IN

Borrower Zip

46804-4133

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1078339.00

Current Approval Amount

1078339.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT WAYNE

Project County Name

ALLEN

Project State

IN

Project Zip

46804-4133

CD

IN-03

Jobs Reported

96

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

933186.00

Mortgage Interest Proceed

0.00

Rent Proceed

34153.00

Refinance EIDL Proceed

0.00

Health Care Proceed

111000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1086666.17

Forgiveness Date

01/20/2021

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