Payroll Administrators, LLC

$475,100 PPP Loan in Flower Mound, Texas

Loan Details

Loan Number
1595537101
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$475,100
Current Approval
$410,000
Forgiveness Amount
$414,408
Forgiveness Date
May 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Payroll Administrators, LLC
Address
2221 Justin Raod #119, Pmb 151
State
Texas
ZIP Code
75028-4824
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Finance and Insurance (524126)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$17.0M
Rural/Urban
Urban
Congressional District
TX-26

Loan Use Breakdown

Payroll
$355,587
Rent
$19,659
Utilities
$10,341
Health Care
$24,413

Lender Information

Servicing Lender
Independent Bank D/b/a Independent Financial
Originating Lender
Independent Bank D/b/a Independent Financial

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