PPP Loan information for Process engineering associates, llc

$791,467

Process engineering associates, llc was initially approved for PPP Loan of amount $791,467, the current approved amount is $791,467. The loan was approved on 04/09/2020 by The TNBANK reported 50 jobs and $791,467 was used to fund payroll.

Process engineering associates, llc is Existing or more than 2 years old

PROCESS ENGINEERING ASSOCIATES, LLC

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

PROCESS ENGINEERING ASSOCIATES, LLC

Borrower Address

700 S ILLINOIS AVE

Borrower City

OAK RIDGE

Borrower State

TN

Borrower Zip

37830-7900

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

791466.84

Current Approval Amount

791466.84

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119482

Servicing Lender Name

TNBANK

Servicing Lender Address

401 S Illinois Ave

Servicing Lender City

OAK RIDGE

Servicing Lender State

TN

Servicing Lender Zip

37830-7510

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAK RIDGE

Project County Name

ANDERSON

Project State

TN

Project Zip

37830-7900

CD

TN-03

Jobs Reported

50

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

791466.84

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

Limited Liability Company(LLC)

Originating Lender Location Id

119482

Originating Lender

TNBANK

Originating Lender City

OAK RIDGE

Originating Lender State

TN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

795863.88

Forgiveness Date

11/03/2020

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