PPP Loan information for Process machinery, inc.

$1,531,600

Process machinery, inc. was initially approved for PPP Loan of amount $1,531,600, the current approved amount is $1,531,600. The loan was approved on 04/05/2020 by The Stock Yards Bank & Trust Company reported 92 jobs and $1,531,600 was used to fund payroll.

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

PROCESS MACHINERY, INC.

Date Approved

04/05/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

PROCESS MACHINERY, INC.

Borrower Address

1636 ISAAC SHELBY DR

Borrower City

SHELBYVILLE

Borrower State

KY

Borrower Zip

40065-9173

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1531600.00

Current Approval Amount

1531600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27569

Servicing Lender Name

Stock Yards Bank & Trust Company

Servicing Lender Address

1040 E Main St

Servicing Lender City

LOUISVILLE

Servicing Lender State

KY

Servicing Lender Zip

40206-1856

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHELBYVILLE

Project County Name

SHELBY

Project State

KY

Project Zip

40065-9173

CD

KY-04

Jobs Reported

92

NAICS Code

423810

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1531600.00

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

Subchapter S Corporation

Originating Lender Location Id

27569

Originating Lender

Stock Yards Bank & Trust Company

Originating Lender City

LOUISVILLE

Originating Lender State

KY

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1545657.15

Forgiveness Date

03/11/2021

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