PPP Loan information for Trustees of the process distribution group 401(k) and employ

$3,159,600

Trustees of the process distribution group 401(k) and employ was initially approved for PPP Loan of amount $3,159,600, the current approved amount is $3,159,600. The loan was approved on 04/06/2020 by The Comerica Bank reported 177 jobs and $3,159,600 was used to fund payroll.

Trustees of the process distribution group 401(k) and employ is Existing or more than 2 years old

PPP Loan Search / CA / SAN JOSE / Trustees of the process distribution group 401(k) and employ

TRUSTEES OF THE PROCESS DISTRIBUTION GROUP 401(K) AND EMPLOY

Date Approved

04/06/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

TRUSTEES OF THE PROCESS DISTRIBUTION GROUP 401(K) AND EMPLOY

Borrower Address

5225 HeLLYER AVE Ste 250

Borrower City

SAN JOSE

Borrower State

CA

Borrower Zip

95138-1002

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3159600.00

Current Approval Amount

3159600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAN JOSE

Project County Name

SANTA CLARA

Project State

CA

Project Zip

95138-1002

CD

CA-19

Jobs Reported

177

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2527738.00

Mortgage Interest Proceed

631862.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3198129.57

Forgiveness Date

07/01/2021

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