PPP Loan information for Professional networks inc

$94,100

Professional networks inc was initially approved for PPP Loan of amount $94,100, the current approved amount is $94,100. The loan was approved on 04/11/2020 by The Skyline National Bank reported 8 jobs and $94,100 was used to fund payroll.

Professional networks inc is Existing or more than 2 years old

PROFESSIONAL NETWORKS INC

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PROFESSIONAL NETWORKS INC

Borrower Address

307 MEADOW ST

Borrower City

GALAX

Borrower State

VA

Borrower Zip

24333-3019

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

52

SBA Guaranty Percentage

100

Initial Approval Amount

94100.00

Current Approval Amount

94100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73473

Servicing Lender Name

Skyline National Bank

Servicing Lender Address

113 W Main St

Servicing Lender City

INDEPENDENCE

Servicing Lender State

VA

Servicing Lender Zip

24348

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GALAX

Project County Name

GALAX CITY

Project State

VA

Project Zip

24333-3019

CD

VA-09

Jobs Reported

8

NAICS Code

541511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

23525.00

Payroll Proceed

70575.00

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

73473

Originating Lender

Skyline National Bank

Originating Lender City

INDEPENDENCE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

86600.09

Forgiveness Date

11/19/2020

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