PPP Loan information for Process components inc

$470,660

Process components inc was initially approved for PPP Loan of amount $470,660, the current approved amount is $470,660. The loan was approved on 02/06/2021 by The City Bank reported 30 jobs and $470,660 was used to fund payroll.

Process components inc is Existing or more than 2 years old

PROCESS COMPONENTS INC

Date Approved

02/06/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

PROCESS COMPONENTS INC

Borrower Address

201 W 83rd St

Borrower City

Odessa

Borrower State

TX

Borrower Zip

79764-2360

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

470659.80

Current Approval Amount

470659.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71330

Servicing Lender Name

City Bank

Servicing Lender Address

5219 City Bank Pkwy

Servicing Lender City

LUBBOCK

Servicing Lender State

TX

Servicing Lender Zip

79407-3544

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Odessa

Project County Name

ECTOR

Project State

TX

Project Zip

79764-2360

CD

TX-11

Jobs Reported

30

NAICS Code

333132

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

470659.80

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

71330

Originating Lender

City Bank

Originating Lender City

LUBBOCK

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

476477.68

Forgiveness Date

05/02/2022

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