PPP Loan information for Prochat inc

$65,127

Prochat inc was initially approved for PPP Loan of amount $65,127, the current approved amount is $65,127. The loan was approved on 03/04/2021 by The Regal Bank reported 8 jobs and $65,127 was used to fund payroll.

Prochat inc is Existing or more than 2 years old

PROCHAT INC

Date Approved

03/04/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

PROCHAT INC

Borrower Address

8 Valley Wood Dr

Borrower City

Somerset

Borrower State

NJ

Borrower Zip

08873-5229

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

65127.00

Current Approval Amount

65127.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

452264

Servicing Lender Name

Regal Bank

Servicing Lender Address

570 W Mt Pleasant Ave

Servicing Lender City

LIVINGSTON

Servicing Lender State

NJ

Servicing Lender Zip

07039-1688

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerset

Project County Name

SOMERSET

Project State

NJ

Project Zip

08873-5229

CD

NJ-12

Jobs Reported

8

NAICS Code

425120

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

65127.00

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

452264

Originating Lender

Regal Bank

Originating Lender City

LIVINGSTON

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65577.46

Forgiveness Date

11/10/2021

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