PPP Loan information for Erp management inc.

$411,000

Erp management inc. was initially approved for PPP Loan of amount $411,000, the current approved amount is $411,000. The loan was approved on 04/29/2020 by The Prosperity Bank reported 25 jobs and $411,000 was used to fund payroll.

Erp management inc. is Existing or more than 2 years old

ERP MANAGEMENT INC.

Date Approved

04/29/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

ERP MANAGEMENT INC.

Borrower Address

400 W Illinois Ave. STE. 1630

Borrower City

Midland

Borrower State

TX

Borrower Zip

79701-4310

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

411000.00

Current Approval Amount

411000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Midland

Project County Name

MIDLAND

Project State

TX

Project Zip

79701-4310

CD

TX-11

Jobs Reported

25

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

411000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

413083.15

Forgiveness Date

11/03/2020

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