PPP Loan information for Professional management inc

$1,939,600

Professional management inc was initially approved for PPP Loan of amount $3,159,600, the current approved amount is $1,939,600. The loan was approved on 04/09/2020 by The Truist Bank reported 320 jobs and $1,939,600 was used to fund payroll.

Professional management inc is Existing or more than 2 years old

PROFESSIONAL MANAGEMENT INC

Date Approved

04/09/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

PROFESSIONAL MANAGEMENT INC

Borrower Address

9095 SW 87TH AVE STE 777

Borrower City

MIAMI

Borrower State

FL

Borrower Zip

33176-2301

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3159600.00

Current Approval Amount

1939600.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

MIAMI

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33176-2301

CD

FL-27

Jobs Reported

320

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1939600.00

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

1957972.32

Forgiveness Date

03/31/2021

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