PPP Loan information for Professional business management, inc.

$42,800

Professional business management, inc. was initially approved for PPP Loan of amount $42,800, the current approved amount is $42,800. The loan was approved on 04/14/2020 by The Truist Bank reported 4 jobs and $42,800 was used to fund payroll.

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

PROFESSIONAL BUSINESS MANAGEMENT, INC.

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

PROFESSIONAL BUSINESS MANAGEMENT, INC.

Borrower Address

8401 Corporate Drive, Suite 160

Borrower City

Landover

Borrower State

MD

Borrower Zip

20785-2278

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42800.00

Current Approval Amount

42800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Landover

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20785-2278

CD

MD-04

Jobs Reported

4

NAICS Code

522110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42800.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

43249.40

Forgiveness Date

05/10/2021

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