PPP Loan information for Professional networks inc.

$85,662

Professional networks inc. was initially approved for PPP Loan of amount $85,662, the current approved amount is $85,662. The loan was approved on 01/23/2021 by The Skyline National Bank reported 8 jobs and $85,662 was used to fund payroll.

Professional networks inc. is Existing or more than 2 years old

PROFESSIONAL NETWORKS INC.

Date Approved

01/23/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

PROFESSIONAL NETWORKS INC.

Borrower Address

307 Meadow St

Borrower City

Galax

Borrower State

VA

Borrower Zip

24333-3019

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85662.00

Current Approval Amount

85662.00

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

541512

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

85659.00

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

86758.00

Forgiveness Date

05/12/2022

;