Professional Printing Center, INC

$539,200 PPP Loan in Chesapeake, Virginia

Loan Details

Loan Number
6589057008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$539,200
Current Approval
$539,200
Forgiveness Amount
$543,349
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Professional Printing Center, INC
Address
817 Yupo Ct
ZIP Code
23320-3626
Business Type
Corporation
Industry (NAICS)
Manufacturing (323111)
Business Age
Existing or more than 2 years old
Jobs Reported
57
Estimated Revenue
$56.5M
Rural/Urban
Urban
Congressional District
VA-03

Loan Use Breakdown

Payroll
$463,800
Rent
$24,000
Utilities
$18,300
Health Care
$26,900
Debt Interest
$6,200

Lender Information

Servicing Lender
Southern Bank and Trust Company
Originating Lender
Southern Bank and Trust Company

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