PPP Loan information for Protec equipment resources inc.

$759,800

Protec equipment resources inc. was initially approved for PPP Loan of amount $759,800, the current approved amount is $759,800. The loan was approved on 03/20/2021 by The Frost Bank reported 62 jobs and $759,800 was used to fund payroll.

Protec equipment resources inc. is Existing or more than 2 years old

PROTEC EQUIPMENT RESOURCES INC.

Date Approved

03/20/2021

SBA Office Code

0610

Processing Method

PPS

Borrower Name

PROTEC EQUIPMENT RESOURCES INC.

Borrower Address

1517 W Carrier Pkwy Ste 116

Borrower City

Grand Prairie

Borrower State

TX

Borrower Zip

75050-1251

Loan Status Date

07/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

759800.00

Current Approval Amount

759800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71783

Servicing Lender Name

Frost Bank

Servicing Lender Address

111 W Houston St

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78205-1414

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Prairie

Project County Name

TARRANT

Project State

TX

Project Zip

75050-1251

CD

TX-33

Jobs Reported

62

NAICS Code

532490

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

759795.00

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

Subchapter S Corporation

Originating Lender Location Id

71783

Originating Lender

Frost Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

769125.76

Forgiveness Date

06/14/2022

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