PPP Loan information for Process cooling systems inc

$1,082,800

Process cooling systems inc was initially approved for PPP Loan of amount $1,082,800, the current approved amount is $1,082,800. The loan was approved on 04/27/2020 by The Enterprise Bank and Trust Company reported 65 jobs and $1,082,800 was used to fund payroll.

Process cooling systems inc is New Business or 2 years or less

PPP Loan Search / MA / LEOMINSTER / Process cooling systems inc

PROCESS COOLING SYSTEMS INC

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PROCESS COOLING SYSTEMS INC

Borrower Address

800 RESEARCH DR

Borrower City

LEOMINSTER

Borrower State

MA

Borrower Zip

01453

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1082800.00

Current Approval Amount

1082800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

LEOMINSTER

Project County Name

WORCESTER

Project State

MA

Project Zip

01453-0001

CD

MA-02

Jobs Reported

65

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1082800.00

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

Subchapter S Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1089747.97

Forgiveness Date

12/22/2020

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