PPP Loan information for Profitpro, llc

$113,835

Profitpro, llc was initially approved for PPP Loan of amount $113,835, the current approved amount is $113,835. The loan was approved on 04/16/2020 by The Security Bank Minnesota reported 11 jobs and $113,835 was used to fund payroll.

Profitpro, llc is Existing or more than 2 years old

PROFITPRO, LLC

Date Approved

04/16/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PROFITPRO, LLC

Borrower Address

408 S1ST AVE

Borrower City

ALBERT LEA

Borrower State

MN

Borrower Zip

56007-1778

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113835.00

Current Approval Amount

113835.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36585

Servicing Lender Name

Security Bank Minnesota

Servicing Lender Address

437 Bridge Ave

Servicing Lender City

Albert Lea

Servicing Lender State

MN

Servicing Lender Zip

56007-2954

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBERT LEA

Project County Name

FREEBORN

Project State

MN

Project Zip

56007-1778

CD

MN-01

Jobs Reported

11

NAICS Code

424990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

113835.00

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

36585

Originating Lender

Security Bank Minnesota

Originating Lender City

Albert Lea

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

104538.77

Forgiveness Date

12/28/2020

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