PPP Loan information for Professional business services

$12,941

Professional business services was initially approved for PPP Loan of amount $12,941, the current approved amount is $12,941. The loan was approved on 07/14/2020 by The Farmers and Merchants Bank reported 2 jobs and $12,941 was used to fund payroll.

Professional business services is Existing or more than 2 years old

PPP Loan Search / AL / LANETT / Professional business services

PROFESSIONAL BUSINESS SERVICES

Date Approved

07/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

PROFESSIONAL BUSINESS SERVICES

Borrower Address

119 N LANIER AVE

Borrower City

LANETT

Borrower State

AL

Borrower Zip

36863-2013

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

12941.22

Current Approval Amount

12941.22

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2074

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

2 First St North E

Servicing Lender City

LAFAYETTE

Servicing Lender State

AL

Servicing Lender Zip

36862

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LANETT

Project County Name

CHAMBERS

Project State

AL

Project Zip

36863-2013

CD

AL-03

Jobs Reported

2

NAICS Code

541213

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

12941.22

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

Sole Proprietorship

Originating Lender Location Id

2074

Originating Lender

Farmers and Merchants Bank

Originating Lender City

LAFAYETTE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

13012.04

Forgiveness Date

01/28/2021

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