PPP Loan information for Process equipment & controls llc

$1,600,889

Process equipment & controls llc was initially approved for PPP Loan of amount $1,600,889, the current approved amount is $1,600,889. The loan was approved on 03/23/2021 by The Truist Bank reported 92 jobs and $1,600,889 was used to fund payroll.

Process equipment & controls llc is Existing or more than 2 years old

PPP Loan Search / GA / Covington / Process equipment & controls llc

PROCESS EQUIPMENT & CONTROLS LLC

Date Approved

03/23/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

PROCESS EQUIPMENT & CONTROLS LLC

Borrower Address

10439 Old Atlanta Hwy

Borrower City

Covington

Borrower State

GA

Borrower Zip

30014-0887

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1600889.23

Current Approval Amount

1600889.23

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Covington

Project County Name

NEWTON

Project State

GA

Project Zip

30014-0887

CD

GA-04

Jobs Reported

92

NAICS Code

333249

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1600886.23

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1609560.71

Forgiveness Date

10/08/2021

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