PPP Loan information for Food process systems inc.

$173,835

Food process systems inc. was initially approved for PPP Loan of amount $173,835, the current approved amount is $173,835. The loan was approved on 01/21/2021 by The Lake Ridge Bank reported 10 jobs and $173,835 was used to fund payroll.

Food process systems inc. is Existing or more than 2 years old

PPP Loan Search / WI / Lodi / Food process systems inc.

FOOD PROCESS SYSTEMS INC.

Date Approved

01/21/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

FOOD PROCESS SYSTEMS INC.

Borrower Address

930 Development Dr

Borrower City

Lodi

Borrower State

WI

Borrower Zip

53555-1300

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

173835.00

Current Approval Amount

173835.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75741

Servicing Lender Name

Lake Ridge Bank

Servicing Lender Address

1205 Main St

Servicing Lender City

CROSS PLAINS

Servicing Lender State

WI

Servicing Lender Zip

53528-9479

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lodi

Project County Name

COLUMBIA

Project State

WI

Project Zip

53555-1300

CD

WI-06

Jobs Reported

10

NAICS Code

333241

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

173832.00

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

Corporation

Originating Lender Location Id

75741

Originating Lender

Lake Ridge Bank

Originating Lender City

CROSS PLAINS

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

175297.12

Forgiveness Date

12/01/2021

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