PPP Loan information for Process systems inc

$112,500

Process systems inc was initially approved for PPP Loan of amount $112,500, the current approved amount is $112,500. The loan was approved on 03/26/2021 by The BankPlus reported 9 jobs and $112,500 was used to fund payroll.

Process systems inc is Existing or more than 2 years old

PROCESS SYSTEMS INC

Date Approved

03/26/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

PROCESS SYSTEMS INC

Borrower Address

300 Highway 51 S

Borrower City

Brookhaven

Borrower State

MS

Borrower Zip

39601-3272

Loan Status Date

10/30/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

112500.00

Current Approval Amount

112500.00

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

39601-3272

CD

MS-03

Jobs Reported

9

NAICS Code

531190

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

112498.00

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

39099

Originating Lender

BankPlus

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

113065.63

Forgiveness Date

09/28/2021

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