PPP Loan information for Process electronics corporation

$105,500

Process electronics corporation was initially approved for PPP Loan of amount $105,500, the current approved amount is $105,500. The loan was approved on 04/28/2020 by The Bank OZK reported 9 jobs and $105,500 was used to fund payroll.

Process electronics corporation is Existing or more than 2 years old

PPP Loan Search / NC / MOUNT HOLLY / Process electronics corporation

PROCESS ELECTRONICS CORPORATION

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PROCESS ELECTRONICS CORPORATION

Borrower Address

100 Brickyard RD

Borrower City

MOUNT HOLLY

Borrower State

NC

Borrower Zip

28120-8800

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

105500.00

Current Approval Amount

105500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4426

Servicing Lender Name

Bank OZK

Servicing Lender Address

18000 Cantrell Rd

Servicing Lender City

LITTLE ROCK

Servicing Lender State

AR

Servicing Lender Zip

72223-9729

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT HOLLY

Project County Name

GASTON

Project State

NC

Project Zip

28120-8800

CD

NC-14

Jobs Reported

9

NAICS Code

423620

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

105500.00

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

4426

Originating Lender

Bank OZK

Originating Lender City

LITTLE ROCK

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

106875.84

Forgiveness Date

08/19/2021

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