PPP Loan information for Process equipment & service company inc.

$2,000,000

Process equipment & service company inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/26/2021 by The Four Corners Community Bank reported 231 jobs and $2,000,000 was used to fund payroll.

Process equipment & service company inc. is Existing or more than 2 years old

PPP Loan Search / NM / Farmington / Process equipment & service company inc.

PROCESS EQUIPMENT & SERVICE COMPANY INC.

Date Approved

01/26/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

PROCESS EQUIPMENT & SERVICE COMPANY INC.

Borrower Address

5680 US 64

Borrower City

Farmington

Borrower State

NM

Borrower Zip

87401-1563

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124345

Servicing Lender Name

Four Corners Community Bank

Servicing Lender Address

500 W Main St, Ste 101

Servicing Lender City

FARMINGTON

Servicing Lender State

NM

Servicing Lender Zip

87401-8447

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Farmington

Project County Name

SAN JUAN

Project State

NM

Project Zip

87401-1563

CD

NM-03

Jobs Reported

231

NAICS Code

333132

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

124345

Originating Lender

Four Corners Community Bank

Originating Lender City

FARMINGTON

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2022630.14

Forgiveness Date

03/18/2022

;