PPP Loan information for Process integration inc.

$116,200

Process integration inc. was initially approved for PPP Loan of amount $116,200, the current approved amount is $116,200. The loan was approved on 02/05/2021 by The Readycap Lending, LLC reported 9 jobs and $116,200 was used to fund payroll.

Process integration inc. is Existing or more than 2 years old

PROCESS INTEGRATION INC.

Date Approved

02/05/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

PROCESS INTEGRATION INC.

Borrower Address

12734 Sunset Ave

Borrower City

Ocean City

Borrower State

MD

Borrower Zip

21842-9266

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

116200.00

Current Approval Amount

116200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ocean City

Project County Name

WORCESTER

Project State

MD

Project Zip

21842-9266

CD

MD-01

Jobs Reported

9

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

116200.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

117062.75

Forgiveness Date

11/10/2021

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