PPP Loan information for Power process & industrial llc

$1,099,088

Power process & industrial llc was initially approved for PPP Loan of amount $1,099,088, the current approved amount is $1,099,088. The loan was approved on 04/14/2021 by The Verimore Bank reported 85 jobs and $1,099,088 was used to fund payroll.

Power process & industrial llc is Existing or more than 2 years old

PPP Loan Search / LA / Deridder / Power process & industrial llc

POWER PROCESS & INDUSTRIAL LLC

Date Approved

04/14/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

POWER PROCESS & INDUSTRIAL LLC

Borrower Address

19291 Lake Charles Hwy

Borrower City

Deridder

Borrower State

LA

Borrower Zip

70634-8917

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1099087.50

Current Approval Amount

1099087.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119096

Servicing Lender Name

Verimore Bank

Servicing Lender Address

300 W Lockling

Servicing Lender City

BROOKFIELD

Servicing Lender State

MO

Servicing Lender Zip

64628-2305

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Deridder

Project County Name

VERNON

Project State

LA

Project Zip

70634-8917

CD

LA-04

Jobs Reported

85

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1099080.50

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

119096

Originating Lender

Verimore Bank

Originating Lender City

BROOKFIELD

Originating Lender State

MO

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1107300.13

Forgiveness Date

01/11/2022

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