PPP Loan information for Process mechanical inc

$122,600

Process mechanical inc was initially approved for PPP Loan of amount $122,600, the current approved amount is $122,600. The loan was approved on 04/05/2020 by The Bank of Travelers Rest reported 19 jobs and $122,600 was used to fund payroll.

Process mechanical inc is Existing or more than 2 years old

PROCESS MECHANICAL INC

Date Approved

04/05/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

PROCESS MECHANICAL INC

Borrower Address

261 GARRISON RD

Borrower City

PELZER

Borrower State

SC

Borrower Zip

29669-9706

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

122600.00

Current Approval Amount

122600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66363

Servicing Lender Name

Bank of Travelers Rest

Servicing Lender Address

42 Plaza Dr

Servicing Lender City

TRAVELERS REST

Servicing Lender State

SC

Servicing Lender Zip

29690-1688

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PELZER

Project County Name

GREENVILLE

Project State

SC

Project Zip

29669-9706

CD

SC-03

Jobs Reported

19

NAICS Code

333517

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6474.38

Payroll Proceed

89907.14

Mortgage Interest Proceed

0.00

Rent Proceed

26218.48

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66363

Originating Lender

Bank of Travelers Rest

Originating Lender City

TRAVELERS REST

Originating Lender State

SC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

113204.65

Forgiveness Date

11/12/2020

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