PPP Loan information for Process components, inc.

$599,000

Process components, inc. was initially approved for PPP Loan of amount $599,000, the current approved amount is $599,000. The loan was approved on 04/28/2020 by The City Bank reported 35 jobs and $599,000 was used to fund payroll.

Process components, inc. is Existing or more than 2 years old

PROCESS COMPONENTS, INC.

Date Approved

04/28/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

PROCESS COMPONENTS, INC.

Borrower Address

201 W 83RD ST

Borrower City

ODESSA

Borrower State

TX

Borrower Zip

79764-2360

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

599000.00

Current Approval Amount

599000.00

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

35

NAICS Code

333132

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

59900.00

Payroll Proceed

479200.00

Mortgage Interest Proceed

0.00

Rent Proceed

59900.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

603841.92

Forgiveness Date

02/17/2021

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