PPP Loan information for Professional locate & recovery inc

$37,500

Professional locate & recovery inc was initially approved for PPP Loan of amount $37,500, the current approved amount is $37,500. The loan was approved on 04/24/2021 by The First Horizon Bank reported 9 jobs and $37,500 was used to fund payroll.

Professional locate & recovery inc is Existing or more than 2 years old

PROFESSIONAL LOCATE & RECOVERY INC

Date Approved

04/24/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

PROFESSIONAL LOCATE & RECOVERY INC

Borrower Address

6445 Todd Acres Rd

Borrower City

Theodore

Borrower State

AL

Borrower Zip

36582-2609

Loan Status Date

09/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

37500.00

Current Approval Amount

37500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Theodore

Project County Name

MOBILE

Project State

AL

Project Zip

36582-2609

CD

AL-01

Jobs Reported

9

NAICS Code

488410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

37497.00

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

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

37965.62

Forgiveness Date

07/28/2022

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