Loans Issued BY Professional Bank

Loan Amount Company Name Location Lender
$150K-350K HOME HEALTH SAFFORD, LLC Safford , AZ Professional Bank
$350K-1M 1 IOTA PRODUCTIONS, LLC West hollywood , CA Professional Bank
$5-10M DAY PITNEY LLP Hartford , CT Professional Bank
$150K-350K RSC EATONTON MANAGEMENT LLC Wilmington , DE Professional Bank
$5-10M TRI-CITY ELECTRIC CO., INC. Miami , FL Professional Bank
$2-5M ALL STAR RECRUITING LOCUMS, LLC Deerfield beach , FL Professional Bank
$2-5M BERMELLO, AJAMIL & PARTNERS, INC. Miami , FL Professional Bank
$2-5M G & E FLORIDA CONTRACTORS, LLC Ft lauderdale , FL Professional Bank
$2-5M GRADUATE PLASTICS INC. Miami , FL Professional Bank
$2-5M GUBAGOO INC Boca raton , FL Professional Bank
$2-5M MEISNER ELECTRIC INC. Delray beach , FL Professional Bank
$2-5M PULMONARY PHYSICIANS OF SOUTH FLORIDA, LLC Miami , FL Professional Bank
$2-5M SPRINKLERMATIC FIRE PROTECTION SYSTEM, INC. Davie , FL Professional Bank
$2-5M SROA CAPITAL LLC West palm beach , FL Professional Bank
$1-2M CENTER FOR EXCELLENCE IN EYE CARE, P.A. Miami , FL Professional Bank
$1-2M CISNEROS STUDIOS LLC Medley , FL Professional Bank
$1-2M COAST TO COAST GENERAL CONTRACTORS, INC. Hollywood , FL Professional Bank
$1-2M CONGREGATION B'NAI ISRAEL OF BOCA RATON, INC. Boca raton , FL Professional Bank
$1-2M FOH INC Miami , FL Professional Bank
$1-2M H&CO, LLP Coral gables , FL Professional Bank
$1-2M HH CONSTRUCTION GROUP, INC Hialeah , FL Professional Bank
$1-2M HOOLEY FAMILY MANAGEMENT, INC. Plantation , FL Professional Bank
$1-2M IPIC THEATERS, LLC Boca raton , FL Professional Bank
$1-2M KABAT, SCHERTZER, DE LA TORRE, TARABOULOS & CO. (KSDT) Miami , FL Professional Bank
$1-2M M2E, LLC South miami , FL Professional Bank
$1-2M MASTER CONCESSIONSAIR LLC Doral , FL Professional Bank
$1-2M ST. MARK'S CHURCH, INC Palm beach gardens , FL Professional Bank
$1-2M THE PARKER COMPANY LLC Miami , FL Professional Bank
$1-2M TRIPP SCOTT, P.A. Fort lauderdale , FL Professional Bank
$1-2M TRR BAHIA MAR LLC North miami , FL Professional Bank
$350K-1M AFTER SCHOOL PROGRAMS INC. Margate , FL Professional Bank
$350K-1M AFTER SCHOOL PROGRAMS-SOUTH, INC. Margate , FL Professional Bank
$350K-1M ANF GROUP INC Davie , FL Professional Bank
$350K-1M BARON INTERNATIONAL LLC Riviera beach , FL Professional Bank
$350K-1M BDI CONTRUCTION COMPANY Miami , FL Professional Bank

Frequently Asked Questions (FAQs)

A1: The CARES Act, officially known as the Coronavirus Aid, Relief, and Economic Security Act, is a federal law passed in March 2020 to provide economic relief to individuals, businesses, and healthcare providers affected by the COVID-19 pandemic.

The Paycheck Protection Program (PPP) is a part of the CARES Act designed to provide forgivable loans to small businesses to help cover payroll costs, rent, and other eligible expenses during the COVID-19 pandemic.

Small businesses, nonprofits, independent contractors, and self-employed individuals were generally eligible for PPP loans. Eligibility criteria and requirements may vary, so it's essential to check with the Small Business Administration (SBA) or your lender for specific details.

PPP loans were generally calculated based on a business's average monthly payroll costs. In most cases, businesses could receive up to 2.5 times their average monthly payroll costs, up to a maximum loan amount.

Yes, PPP loans are forgivable if the funds are used for eligible expenses like payroll, rent, and utilities. A certain percentage (usually 60% or more) of the loan must be used for payroll to qualify for full forgiveness

You can apply for a PPP loan through participating lenders, such as banks and credit unions. The SBA's website provides a list of lenders who participated in the program

Required documents typically include payroll records, tax forms, and other financial documents. Consult with your lender for specific documentation requirements

Deadlines for PPP loan applications have changed over time. It's essential to check the latest deadlines on the SBA's website or with your lender.

Yes, there is a second round of PPP loans (PPP2) available to eligible businesses. Requirements and eligibility criteria for PPP2 may differ from the first round.

You can request loan forgiveness through your lender by submitting the required documentation and forms. The forgiveness application process may vary based on the size and terms of your loan.