PPP Loan information for Professional medical billing inc.

$1,078,340

Professional medical billing inc. was initially approved for PPP Loan of amount $1,078,340, the current approved amount is $1,078,340. The loan was approved on 01/28/2021 by The Lake City Bank reported 96 jobs and $1,078,340 was used to fund payroll.

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

PROFESSIONAL MEDICAL BILLING INC.

Date Approved

01/28/2021

SBA Office Code

0562

Processing Method

PPS

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

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1078340.00

Current Approval Amount

1078340.00

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

541618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1078336.00

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

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1088015.11

Forgiveness Date

12/22/2021

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