PPP Loan information for Process mechanical systems inc

$158,100

Process mechanical systems inc was initially approved for PPP Loan of amount $158,100, the current approved amount is $158,100. The loan was approved on 04/15/2020 by The Loan Source Incorporated reported 8 jobs and $158,100 was used to fund payroll.

Process mechanical systems inc is Existing or more than 2 years old

PPP Loan Search / MI / Three Rivers / Process mechanical systems inc

PROCESS MECHANICAL SYSTEMS INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PROCESS MECHANICAL SYSTEMS INC

Borrower Address

15319 M-60

Borrower City

Three Rivers

Borrower State

MI

Borrower Zip

49093

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

158100.00

Current Approval Amount

158100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Three Rivers

Project County Name

SAINT JOSEPH

Project State

MI

Project Zip

49093-0001

CD

MI-05

Jobs Reported

8

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

158100.00

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

49887

Originating Lender

Flagstar Bank National Association

Originating Lender City

HICKSVILLE

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

159771.96

Forgiveness Date

05/11/2021

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