PPP Loan information for Professional contractors inc

$73,237

Professional contractors inc was initially approved for PPP Loan of amount $73,237, the current approved amount is $73,237. The loan was approved on 01/22/2021 by The 1st United Bank reported 5 jobs and $73,237 was used to fund payroll.

Professional contractors inc is Existing or more than 2 years old

PPP Loan Search / MN / Faribault / Professional contractors inc

PROFESSIONAL CONTRACTORS INC

Date Approved

01/22/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PROFESSIONAL CONTRACTORS INC

Borrower Address

203 1st Ave NW Ste A

Borrower City

Faribault

Borrower State

MN

Borrower Zip

55021-5104

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

73237.00

Current Approval Amount

73237.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88765

Servicing Lender Name

1st United Bank

Servicing Lender Address

430 NW Fourth St

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Faribault

Project County Name

RICE

Project State

MN

Project Zip

55021-5104

CD

MN-01

Jobs Reported

5

NAICS Code

238390

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

73234.00

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

88765

Originating Lender

1st United Bank

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

73625.56

Forgiveness Date

08/09/2021

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