PPP Loan information for Powder processing & technology

$2,846,700

Powder processing & technology was initially approved for PPP Loan of amount $2,846,700, the current approved amount is $2,846,700. The loan was approved on 04/13/2020 by The Fifth Third Bank reported 169 jobs and $2,846,700 was used to fund payroll.

Powder processing & technology is Existing or more than 2 years old

POWDER PROCESSING & TECHNOLOGY

Date Approved

04/13/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

POWDER PROCESSING & TECHNOLOGY

Borrower Address

5103 Evans Ave

Borrower City

VALPARAISO

Borrower State

IN

Borrower Zip

46383-8387

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2846700.00

Current Approval Amount

2846700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VALPARAISO

Project County Name

PORTER

Project State

IN

Project Zip

46383-8387

CD

IN-01

Jobs Reported

169

NAICS Code

325991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2846700.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2886395.65

Forgiveness Date

09/10/2021

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