PPP Loan information for Productive processing inc

$400,000

Productive processing inc was initially approved for PPP Loan of amount $400,000, the current approved amount is $400,000. The loan was approved on 04/28/2020 by The Lake Ridge Bank reported 46 jobs and $400,000 was used to fund payroll.

Productive processing inc is Existing or more than 2 years old

PPP Loan Search / WI / VERONA / Productive processing inc

PRODUCTIVE PROCESSING INC

Date Approved

04/28/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

PRODUCTIVE PROCESSING INC

Borrower Address

319 Yard Drive

Borrower City

VERONA

Borrower State

WI

Borrower Zip

53593-8434

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

400000.00

Current Approval Amount

400000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75741

Servicing Lender Name

Lake Ridge Bank

Servicing Lender Address

1205 Main St

Servicing Lender City

CROSS PLAINS

Servicing Lender State

WI

Servicing Lender Zip

53528-9479

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VERONA

Project County Name

DANE

Project State

WI

Project Zip

53593-8434

CD

WI-02

Jobs Reported

46

NAICS Code

524292

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

400000.00

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

75741

Originating Lender

Lake Ridge Bank

Originating Lender City

CROSS PLAINS

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

392169.04

Forgiveness Date

11/20/2020

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