PPP Loan information for Process control systems, inc.

$75,200

Process control systems, inc. was initially approved for PPP Loan of amount $75,200, the current approved amount is $75,200. The loan was approved on 04/08/2020 by The Highland Bank reported 6 jobs and $75,200 was used to fund payroll.

Process control systems, inc. is Existing or more than 2 years old

PROCESS CONTROL SYSTEMS, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PROCESS CONTROL SYSTEMS, INC.

Borrower Address

327 Lake Hazeltine Drive

Borrower City

CHASKA

Borrower State

MN

Borrower Zip

55318-1033

Loan Status Date

11/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75200.00

Current Approval Amount

75200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38837

Servicing Lender Name

Highland Bank

Servicing Lender Address

113 Central Ave East

Servicing Lender City

St. Michael

Servicing Lender State

MN

Servicing Lender Zip

55376

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHASKA

Project County Name

CARVER

Project State

MN

Project Zip

55318-1033

CD

MN-06

Jobs Reported

6

NAICS Code

332911

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

75200.00

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

38837

Originating Lender

Highland Bank

Originating Lender City

St. Michael

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

75570.85

Forgiveness Date

10/20/2020

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