PPP Loan information for Propelsys technologies, llc

$900,100

Propelsys technologies, llc was initially approved for PPP Loan of amount $900,100, the current approved amount is $900,100. The loan was approved on 04/28/2020 by The Great Plains National Bank reported 40 jobs and $900,100 was used to fund payroll.

Propelsys technologies, llc is Existing or more than 2 years old

PPP Loan Search / TX / PLANO / Propelsys technologies, llc

PROPELSYS TECHNOLOGIES, LLC

Date Approved

04/28/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

PROPELSYS TECHNOLOGIES, LLC

Borrower Address

4975 PRESTON PARK BLVD Suite #70

Borrower City

PLANO

Borrower State

TX

Borrower Zip

75093-5158

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

900100.00

Current Approval Amount

900100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58996

Servicing Lender Name

Great Plains National Bank

Servicing Lender Address

2017 W Third

Servicing Lender City

ELK CITY

Servicing Lender State

OK

Servicing Lender Zip

73644-4305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PLANO

Project County Name

COLLIN

Project State

TX

Project Zip

75093-5158

CD

TX-03

Jobs Reported

40

NAICS Code

541511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

112513.00

Payroll Proceed

675075.00

Mortgage Interest Proceed

112512.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

58996

Originating Lender

Great Plains National Bank

Originating Lender City

ELK CITY

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

905175.56

Forgiveness Date

11/23/2020

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