PPP Loan information for Power process & industrial, llc

$1,313,516

Power process & industrial, llc was initially approved for PPP Loan of amount $1,313,516, the current approved amount is $1,313,516. The loan was approved on 04/08/2020 by The Verimore Bank reported 77 jobs and $1,313,516 was used to fund payroll.

Power process & industrial, llc is Existing or more than 2 years old

PPP Loan Search / LA / DERIDDER / Power process & industrial, llc

POWER PROCESS & INDUSTRIAL, LLC

Date Approved

04/08/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

POWER PROCESS & INDUSTRIAL, LLC

Borrower Address

19291 LAKE CHARLES HWY

Borrower City

DERIDDER

Borrower State

LA

Borrower Zip

70634-8917

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1313516.07

Current Approval Amount

1313516.07

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119096

Servicing Lender Name

Verimore Bank

Servicing Lender Address

300 W Lockling

Servicing Lender City

BROOKFIELD

Servicing Lender State

MO

Servicing Lender Zip

64628-2305

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DERIDDER

Project County Name

VERNON

Project State

LA

Project Zip

70634-8917

CD

LA-04

Jobs Reported

77

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

164189.51

Payroll Proceed

985137.05

Mortgage Interest Proceed

164189.51

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

119096

Originating Lender

Verimore Bank

Originating Lender City

BROOKFIELD

Originating Lender State

MO

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1325702.58

Forgiveness Date

03/18/2021

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