PPP Loan information for Professional proteins, ltd

$72,100

Professional proteins, ltd was initially approved for PPP Loan of amount $72,100, the current approved amount is $72,100. The loan was approved on 04/15/2020 by The Farmers & Merchants Savings Bank reported 7 jobs and $72,100 was used to fund payroll.

Professional proteins, ltd is Existing or more than 2 years old

PROFESSIONAL PROTEINS, LTD

Date Approved

04/15/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

PROFESSIONAL PROTEINS, LTD

Borrower Address

2346 HIGHWAY 1 AND 92

Borrower City

WASHINGTON

Borrower State

IA

Borrower Zip

52353-9102

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72100.00

Current Approval Amount

72100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

WASHINGTON

Project State

IA

Project Zip

52353-9102

CD

IA-01

Jobs Reported

7

NAICS Code

311119

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

72100.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

72614.71

Forgiveness Date

01/07/2021

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