PPP Loan information for Professional packaging systems, llc

$6,021,200

Professional packaging systems, llc was initially approved for PPP Loan of amount $6,021,200, the current approved amount is $6,021,200. The loan was approved on 04/07/2020 by The Frost Bank reported 500 jobs and $6,021,200 was used to fund payroll.

Professional packaging systems, llc is Existing or more than 2 years old

PROFESSIONAL PACKAGING SYSTEMS, LLC

Date Approved

04/07/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

PROFESSIONAL PACKAGING SYSTEMS, LLC

Borrower Address

2010 S. GREAT SOUTHWEST PKWY

Borrower City

GRAND PRAIRIE

Borrower State

TX

Borrower Zip

75051-3507

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6021200.00

Current Approval Amount

6021200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71783

Servicing Lender Name

Frost Bank

Servicing Lender Address

111 W Houston St

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78205-1414

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND PRAIRIE

Project County Name

TARRANT

Project State

TX

Project Zip

75051-3507

CD

TX-33

Jobs Reported

500

NAICS Code

311919

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6021200.00

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

71783

Originating Lender

Frost Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6090485.04

Forgiveness Date

06/11/2021

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