PPP Loan information for Process welding systems inc.

$52,068

Process welding systems inc. was initially approved for PPP Loan of amount $52,068, the current approved amount is $52,068. The loan was approved on 01/23/2021 by The SmartBank reported 7 jobs and $52,068 was used to fund payroll.

Process welding systems inc. is Existing or more than 2 years old

PPP Loan Search / TN / La Vergne / Process welding systems inc.

PROCESS WELDING SYSTEMS INC.

Date Approved

01/23/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

PROCESS WELDING SYSTEMS INC.

Borrower Address

72 Buchanan St

Borrower City

La Vergne

Borrower State

TN

Borrower Zip

37086-2836

Loan Status Date

09/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52067.50

Current Approval Amount

52067.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

445288

Servicing Lender Name

SmartBank

Servicing Lender Address

2430 Teaster Ln, Ste 205

Servicing Lender City

PIGEON FORGE

Servicing Lender State

TN

Servicing Lender Zip

37863-5274

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

La Vergne

Project County Name

RUTHERFORD

Project State

TN

Project Zip

37086-2836

CD

TN-04

Jobs Reported

7

NAICS Code

333517

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

52062.50

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

445288

Originating Lender

SmartBank

Originating Lender City

PIGEON FORGE

Originating Lender State

TN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

52349.53

Forgiveness Date

08/11/2021

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