PPP Loan information for Professional property management, inc

$543,300

Professional property management, inc was initially approved for PPP Loan of amount $543,300, the current approved amount is $543,300. The loan was approved on 04/08/2020 by The Peoples Bank reported 63 jobs and $543,300 was used to fund payroll.

Professional property management, inc is Existing or more than 2 years old

PPP Loan Search / IA / AMES / Professional property management, inc

PROFESSIONAL PROPERTY MANAGEMENT, INC

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

PROFESSIONAL PROPERTY MANAGEMENT, INC

Borrower Address

201 S 5th St #202

Borrower City

AMES

Borrower State

IA

Borrower Zip

50010-3102

Loan Status Date

08/31/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

543300.00

Current Approval Amount

543300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25049

Servicing Lender Name

Peoples Bank

Servicing Lender Address

12701 University Ave

Servicing Lender City

CLIVE

Servicing Lender State

IA

Servicing Lender Zip

50325-8246

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AMES

Project County Name

STORY

Project State

IA

Project Zip

50010-3102

CD

IA-04

Jobs Reported

63

NAICS Code

531311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

27165.00

Payroll Proceed

407475.00

Mortgage Interest Proceed

27165.00

Rent Proceed

27165.00

Refinance EIDL Proceed

0.00

Health Care Proceed

27165.00

Debt Interest Proceed

27165

Business Type

Subchapter S Corporation

Originating Lender Location Id

25049

Originating Lender

Peoples Bank

Originating Lender City

CLIVE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

546454.16

Forgiveness Date

11/12/2020

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