PPP Loan information for Pel industries, inc.

$200,600

Pel industries, inc. was initially approved for PPP Loan of amount $200,600, the current approved amount is $200,600. The loan was approved on 04/12/2020 by The Regions Bank reported 16 jobs and $200,600 was used to fund payroll.

Pel industries, inc. is Existing or more than 2 years old

PEL INDUSTRIES, INC.

Date Approved

04/12/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

PEL INDUSTRIES, INC.

Borrower Address

2001 TOWN WEST DR,

Borrower City

ROGERS

Borrower State

AR

Borrower Zip

72756-2129

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

200600.00

Current Approval Amount

200600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROGERS

Project County Name

BENTON

Project State

AR

Project Zip

72756-2129

CD

AR-03

Jobs Reported

16

NAICS Code

424330

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

200600.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

191680.94

Forgiveness Date

11/12/2020

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