PPP Loan information for Promaac systems

$340,000

Promaac systems was initially approved for PPP Loan of amount $340,000, the current approved amount is $340,000. The loan was approved on 04/06/2020 by The Buffalo Federal Bank reported 18 jobs and $340,000 was used to fund payroll.

Promaac systems is Existing or more than 2 years old

PROMAAC SYSTEMS

Date Approved

04/06/2020

SBA Office Code

0897

Processing Method

PPP

Borrower Name

PROMAAC SYSTEMS

Borrower Address

3903 GARMAN RD

Borrower City

GILLETTE

Borrower State

WY

Borrower Zip

82716-1533

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

340000.00

Current Approval Amount

340000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82859

Servicing Lender Name

Buffalo Federal Bank

Servicing Lender Address

106 Fort St

Servicing Lender City

BUFFALO

Servicing Lender State

WY

Servicing Lender Zip

82834-1801

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GILLETTE

Project County Name

CAMPBELL

Project State

WY

Project Zip

82716-1533

CD

WY-

Jobs Reported

18

NAICS Code

213112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4400.00

Payroll Proceed

271946.00

Mortgage Interest Proceed

4000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

39057.00

Debt Interest Proceed

20597

Business Type

Subchapter S Corporation

Originating Lender Location Id

82859

Originating Lender

Buffalo Federal Bank

Originating Lender City

BUFFALO

Originating Lender State

WY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

324750.48

Forgiveness Date

11/10/2020

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