PPP Loan information for Food process systems, inc.

$173,800

Food process systems, inc. was initially approved for PPP Loan of amount $173,800, the current approved amount is $173,800. The loan was approved on 04/07/2020 by The Lake Ridge Bank reported 9 jobs and $173,800 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

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

FOOD PROCESS SYSTEMS, INC.

Borrower Address

930 DEVELOPMENT DR PO Box 327

Borrower City

LODI

Borrower State

WI

Borrower Zip

53555-1300

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

173800.00

Current Approval Amount

173800.00

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

9

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

173800.00

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

165842.98

Forgiveness Date

12/08/2020

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