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PRECISION MEDICAL BILLING, LLC

Company Details

Name: PRECISION MEDICAL BILLING, LLC
Legal type: Kentucky Limited Liability Company
Status: Active
Standing: Good
Profit or Non-Profit: Profit
File Date: 07 Mar 2014 (11 years ago)
Organization Date: 07 Mar 2014 (11 years ago)
Last Annual Report: 24 Feb 2025 (18 days ago)
Managed By: Members
Organization Number: 0881394
Industry: Business Services
Number of Employees: Medium (20-99)
ZIP code: 40503
City: Lexington
Primary County: Fayette County
Principal Office: 811 CORPORATE DRIVE, SUITE 205, LEXINGTON, KY 40503
Place of Formation: KENTUCKY

Registered Agent

Name Role
ELIZABETH BAILEY Registered Agent

Member

Name Role
Elizabeth Bailey Member
Jennifer Evans Member

Organizer

Name Role
ELIZABETH BAILEY Organizer

Filings

Name File Date
Annual Report 2025-02-24
Annual Report 2024-03-15
Principal Office Address Change 2023-05-10
Annual Report 2023-05-10
Annual Report 2022-05-12
Annual Report 2021-05-26
Annual Report 2020-05-26
Annual Report 2019-05-03
Annual Report 2018-05-21
Annual Report 2017-05-20

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
6684787002 2020-04-07 0457 PPP 811 CORPORATE DR, SUITE 205, LEXINGTON, KY, 40503-2748
Loan Status Date 2021-06-08
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 135200
Loan Approval Amount (current) 144300
Undisbursed Amount 0
Franchise Name -
Lender Location ID 27196
Servicing Lender Name Central Bank & Trust Co.
Servicing Lender Address 300 W Vine St, LEXINGTON, KY, 40507-1621
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address LEXINGTON, FAYETTE, KY, 40503-2748
Project Congressional District KY-06
Number of Employees 15
NAICS code 541990
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Limited Liability Company(LLC)
Originating Lender ID 27196
Originating Lender Name Central Bank & Trust Co.
Originating Lender Address LEXINGTON, KY
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 145827.18
Forgiveness Paid Date 2021-05-04

Financial Incentive

Program Program Status Average Hourly Wage Project Cost Incentive Amount Initial Jobs New Jobs Date of Action Approval Type
KSBTC - Kentucky Small Business Tax Credit Inactive 19.17 $10,685 $10,500 16 3 2023-08-31 Final

Sources: Kentucky Secretary of State