PPP Loan information for Power process engineering co. inc.

$163,500

Power process engineering co. inc. was initially approved for PPP Loan of amount $163,500, the current approved amount is $163,500. The loan was approved on 02/25/2021 by The The Huntington National Bank reported 8 jobs and $163,500 was used to fund payroll.

Power process engineering co. inc. is Existing or more than 2 years old

PPP Loan Search / MI / Novi / Power process engineering co. inc.

POWER PROCESS ENGINEERING CO. INC.

Date Approved

02/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

POWER PROCESS ENGINEERING CO. INC.

Borrower Address

24300 Catherine Industrial Dr Ste 403

Borrower City

Novi

Borrower State

MI

Borrower Zip

48375-2457

Loan Status Date

11/02/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

163500.00

Current Approval Amount

163500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Novi

Project County Name

OAKLAND

Project State

MI

Project Zip

48375-2457

CD

MI-06

Jobs Reported

8

NAICS Code

332919

Race

Native Hawaiian or Other Pacific Islander

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

163498.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

164342.14

Forgiveness Date

09/07/2021

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