PPP Loan information for Production system services, inc.

$1,075,700

Production system services, inc. was initially approved for PPP Loan of amount $1,075,700, the current approved amount is $1,075,700. The loan was approved on 04/09/2020 by The TowneBank reported 152 jobs and $1,075,700 was used to fund payroll.

Production system services, inc. is Existing or more than 2 years old

PRODUCTION SYSTEM SERVICES, INC.

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PRODUCTION SYSTEM SERVICES, INC.

Borrower Address

3601 La Grange Parkway

Borrower City

TOANO

Borrower State

VA

Borrower Zip

23168-9387

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1075700.00

Current Approval Amount

1075700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TOANO

Project County Name

JAMES CITY

Project State

VA

Project Zip

23168-9387

CD

VA-01

Jobs Reported

152

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1075700.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

798092.20

Forgiveness Date

07/13/2021

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