PPP Loan information for Professional printing center, inc

$539,200

Professional printing center, inc was initially approved for PPP Loan of amount $539,200, the current approved amount is $539,200. The loan was approved on 04/07/2020 by The Southern Bank and Trust Company reported 57 jobs and $539,200 was used to fund payroll.

Professional printing center, inc is Existing or more than 2 years old

PROFESSIONAL PRINTING CENTER, INC

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PROFESSIONAL PRINTING CENTER, INC

Borrower Address

817 YUPO CT

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23320-3626

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

539200.00

Current Approval Amount

539200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23320-3626

CD

VA-03

Jobs Reported

57

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18300.00

Payroll Proceed

463800.00

Mortgage Interest Proceed

0.00

Rent Proceed

24000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

26900.00

Debt Interest Proceed

6200

Business Type

Corporation

Originating Lender Location Id

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

543348.84

Forgiveness Date

01/20/2021

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