PPP Loan information for Propac inc

$237,918

Propac inc was initially approved for PPP Loan of amount $237,918, the current approved amount is $237,918. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 18 jobs and $237,918 was used to fund payroll.

Propac inc is New Business or 2 years or less

PROPAC INC

Date Approved

05/01/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

PROPAC INC

Borrower Address

2390 AIR PARK RD

Borrower City

NORTH CHARLESTON

Borrower State

SC

Borrower Zip

29406-6159

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

237918.00

Current Approval Amount

237918.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

NORTH CHARLESTON

Project County Name

CHARLESTON

Project State

SC

Project Zip

29406-6159

CD

SC-06

Jobs Reported

18

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

237918.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

240114.67

Forgiveness Date

04/08/2021

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