PPP Loan information for Professional property services, inc.

$689,500

Professional property services, inc. was initially approved for PPP Loan of amount $689,500, the current approved amount is $689,500. The loan was approved on 04/04/2020 by The Mi Bank reported 55 jobs and $689,500 was used to fund payroll.

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

PROFESSIONAL PROPERTY SERVICES, INC.

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PROFESSIONAL PROPERTY SERVICES, INC.

Borrower Address

30300 TELEGRAPH RD SUITE 205

Borrower City

BINGHAM FARMS

Borrower State

MI

Borrower Zip

48025-4501

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

689500.00

Current Approval Amount

689500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

525601

Servicing Lender Name

Mi Bank

Servicing Lender Address

3707 W Maple

Servicing Lender City

BLOOMFIELD HILLS

Servicing Lender State

MI

Servicing Lender Zip

48301

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BINGHAM FARMS

Project County Name

OAKLAND

Project State

MI

Project Zip

48025-4501

CD

MI-12

Jobs Reported

55

NAICS Code

531312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3000.00

Payroll Proceed

681500.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

525601

Originating Lender

Mi Bank

Originating Lender City

BLOOMFIELD HILLS

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

693637.00

Forgiveness Date

11/19/2020

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