PPP Loan information for Prosis technologies inc

$277,870

Prosis technologies inc was initially approved for PPP Loan of amount $277,870, the current approved amount is $277,870. The loan was approved on 04/12/2020 by The Hanover Community Bank reported 20 jobs and $277,870 was used to fund payroll.

Prosis technologies inc is Existing or more than 2 years old

PPP Loan Search / NJ / South Plainfield / Prosis technologies inc

PROSIS TECHNOLOGIES INC

Date Approved

04/12/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PROSIS TECHNOLOGIES INC

Borrower Address

50 Cragwood Rd Suite 215

Borrower City

South Plainfield

Borrower State

NJ

Borrower Zip

07080-2406

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

277870.00

Current Approval Amount

277870.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

462816

Servicing Lender Name

Hanover Community Bank

Servicing Lender Address

80 East Jericho Turnpike

Servicing Lender City

Mineola

Servicing Lender State

NY

Servicing Lender Zip

11501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Plainfield

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

07080-2406

CD

NJ-06

Jobs Reported

20

NAICS Code

541519

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

277870.00

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

462816

Originating Lender

Hanover Community Bank

Originating Lender City

Mineola

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

279776.50

Forgiveness Date

12/30/2020

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