PPP Loan information for Proes, inc

$113,800

Proes, inc was initially approved for PPP Loan of amount $113,800, the current approved amount is $113,800. The loan was approved on 04/08/2020 by The German American Bank reported 14 jobs and $113,800 was used to fund payroll.

Proes, inc is Existing or more than 2 years old

PROES, INC

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

PROES, INC

Borrower Address

5488 E STATE ROAD 46

Borrower City

BLOOMINGTON

Borrower State

IN

Borrower Zip

47401-9218

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113800.00

Current Approval Amount

113800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLOOMINGTON

Project County Name

MONROE

Project State

IN

Project Zip

47401-9218

CD

IN-09

Jobs Reported

14

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

113800.00

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

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

114672.99

Forgiveness Date

01/25/2021

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