PPP Loan information for Process solutions inc.

$68,100

Process solutions inc. was initially approved for PPP Loan of amount $68,100, the current approved amount is $68,100. The loan was approved on 04/10/2020 by The Peoples Bank reported 6 jobs and $68,100 was used to fund payroll.

Process solutions inc. is Existing or more than 2 years old

PROCESS SOLUTIONS INC.

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PROCESS SOLUTIONS INC.

Borrower Address

1698 S Highway 16

Borrower City

STANLEY

Borrower State

NC

Borrower Zip

28164

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68100.00

Current Approval Amount

68100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STANLEY

Project County Name

GASTON

Project State

NC

Project Zip

28164-0001

CD

NC-10

Jobs Reported

6

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

68100.00

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

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

68591.83

Forgiveness Date

01/07/2021

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