PPP Loan information for Process systems inc

$79,200

Process systems inc was initially approved for PPP Loan of amount $79,200, the current approved amount is $79,200. The loan was approved on 04/03/2020 by The BankPlus reported 12 jobs and $79,200 was used to fund payroll.

Process systems inc is Existing or more than 2 years old

PROCESS SYSTEMS INC

Date Approved

04/03/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

PROCESS SYSTEMS INC

Borrower Address

918 HIGHWAY 51 SOUTH

Borrower City

BROOKHAVEN

Borrower State

MS

Borrower Zip

39601-9250

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79200.00

Current Approval Amount

79200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39099

Servicing Lender Name

BankPlus

Servicing Lender Address

202 E Jackson St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3524

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKHAVEN

Project County Name

LINCOLN

Project State

MS

Project Zip

39601-9250

CD

MS-03

Jobs Reported

12

NAICS Code

531190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7801.81

Payroll Proceed

59398.19

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39099

Originating Lender

BankPlus

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

79811.60

Forgiveness Date

01/26/2021

;