PPP Loan information for Promat, inc

$949,071

Promat, inc was initially approved for PPP Loan of amount $949,071, the current approved amount is $949,071. The loan was approved on 04/28/2020 by The PNC Bank, National Association reported 72 jobs and $949,071 was used to fund payroll.

Promat, inc is Unanswered

PROMAT, INC

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

PROMAT, INC

Borrower Address

1731 FRED LAWSON RD

Borrower City

MARYVILLE

Borrower State

TN

Borrower Zip

37801-5806

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

949071.00

Current Approval Amount

949071.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

MARYVILLE

Project County Name

BLOUNT

Project State

TN

Project Zip

37801-5806

CD

TN-02

Jobs Reported

72

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

711803.25

Mortgage Interest Proceed

237267.75

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

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

959800.77

Forgiveness Date

06/11/2021

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