PPP Loan information for Process machinery, inc.

$284,800

Process machinery, inc. was initially approved for PPP Loan of amount $284,800, the current approved amount is $284,800. The loan was approved on 04/14/2020 by The Regions Bank reported 15 jobs and $284,800 was used to fund payroll.

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

PPP Loan Search / AL / Decatur / Process machinery, inc.

PROCESS MACHINERY, INC.

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

PROCESS MACHINERY, INC.

Borrower Address

1316 State Docks Rd,

Borrower City

Decatur

Borrower State

AL

Borrower Zip

35601-7580

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

284800.00

Current Approval Amount

284800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Decatur

Project County Name

MORGAN

Project State

AL

Project Zip

35601-7580

CD

AL-05

Jobs Reported

15

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

284800.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

287850.87

Forgiveness Date

06/04/2021

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