PPP Loan information for Process piping materials inc.

$406,153

Process piping materials inc. was initially approved for PPP Loan of amount $406,153, the current approved amount is $406,153. The loan was approved on 01/27/2021 by The Hancock Whitney Bank reported 21 jobs and $406,153 was used to fund payroll.

Process piping materials inc. is Existing or more than 2 years old

PROCESS PIPING MATERIALS INC.

Date Approved

01/27/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

PROCESS PIPING MATERIALS INC.

Borrower Address

1177 Petroleum Pkwy

Borrower City

Broussard

Borrower State

LA

Borrower Zip

70518-8048

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

406152.50

Current Approval Amount

406152.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Broussard

Project County Name

SAINT MARTIN

Project State

LA

Project Zip

70518-8048

CD

LA-03

Jobs Reported

21

NAICS Code

423510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

406146.50

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

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

408566.85

Forgiveness Date

09/01/2021

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