PPP Loan information for International processplants and equipment corp

$997,050

International processplants and equipment corp was initially approved for PPP Loan of amount $997,050, the current approved amount is $997,050. The loan was approved on 04/09/2020 by The Fulton Bank, National Association reported 43 jobs and $997,050 was used to fund payroll.

International processplants and equipment corp is Existing or more than 2 years old

INTERNATIONAL PROCESSPLANTS AND EQUIPMENT CORP

Date Approved

04/09/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

INTERNATIONAL PROCESSPLANTS AND EQUIPMENT CORP

Borrower Address

410 Princeton Hightstown Rd

Borrower City

PRINCETON JUNCTION

Borrower State

NJ

Borrower Zip

08550-3126

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

997050.00

Current Approval Amount

997050.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRINCETON JUNCTION

Project County Name

MERCER

Project State

NJ

Project Zip

08550-3126

CD

NJ-12

Jobs Reported

43

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

199410.00

Payroll Proceed

797640.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1008765.34

Forgiveness Date

06/17/2021

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