PPP Loan information for Process combustion corporation

$881,000

Process combustion corporation was initially approved for PPP Loan of amount $1,016,400, the current approved amount is $881,000. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 43 jobs and $881,000 was used to fund payroll.

Process combustion corporation is Existing or more than 2 years old

PROCESS COMBUSTION CORPORATION

Date Approved

04/15/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

PROCESS COMBUSTION CORPORATION

Borrower Address

300 Weyman Rd Ste 400

Borrower City

Pittsburgh

Borrower State

PA

Borrower Zip

15236

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1016400.00

Current Approval Amount

881000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pittsburgh

Project County Name

ALLEGHENY

Project State

PA

Project Zip

15236-0001

CD

PA-12

Jobs Reported

43

NAICS Code

325110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

881000.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

893623.64

Forgiveness Date

10/04/2021

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