PPP Loan information for Propel engineering inc.

$186,700

Propel engineering inc. was initially approved for PPP Loan of amount $186,700, the current approved amount is $186,700. The loan was approved on 03/05/2021 by The Truist Bank reported 13 jobs and $186,700 was used to fund payroll.

Propel engineering inc. is Existing or more than 2 years old

PPP Loan Search / FL / West Palm Beach / Propel engineering inc.

PROPEL ENGINEERING INC.

Date Approved

03/05/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

PROPEL ENGINEERING INC.

Borrower Address

2711 Vista Pkwy Ste B7

Borrower City

West Palm Beach

Borrower State

FL

Borrower Zip

33411-2732

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

186700.00

Current Approval Amount

186700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Palm Beach

Project County Name

PALM BEACH

Project State

FL

Project Zip

33411-2732

CD

FL-21

Jobs Reported

13

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

186700.00

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

187856.50

Forgiveness Date

10/20/2021

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