PPP Loan information for Propulsion labs llc

$102,790

Propulsion labs llc was initially approved for PPP Loan of amount $102,790, the current approved amount is $102,790. The loan was approved on 01/31/2021 by The JPMorgan Chase Bank, National Association reported 5 jobs and $102,790 was used to fund payroll.

Propulsion labs llc is Existing or more than 2 years old

PROPULSION LABS LLC

Date Approved

01/31/2021

SBA Office Code

0610

Processing Method

PPS

Borrower Name

PROPULSION LABS LLC

Borrower Address

1200 Lakestream Dr

Borrower City

Plano

Borrower State

TX

Borrower Zip

75075-2295

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

102790.00

Current Approval Amount

102790.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

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

75075-2295

CD

TX-04

Jobs Reported

5

NAICS Code

518210

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

102790.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

103649.04

Forgiveness Date

12/07/2021

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