PPP Loan information for Process systems incorporated construction company

$1,575,200

Process systems incorporated construction company was initially approved for PPP Loan of amount $1,575,200, the current approved amount is $1,575,200. The loan was approved on 04/09/2020 by The Simmons Bank reported 90 jobs and $1,575,200 was used to fund payroll.

Process systems incorporated construction company is Existing or more than 2 years old

PROCESS SYSTEMS INCORPORATED CONSTRUCTION COMPANY

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

PROCESS SYSTEMS INCORPORATED CONSTRUCTION COMPANY

Borrower Address

3732 E RAINES RD

Borrower City

MEMPHIS

Borrower State

TN

Borrower Zip

38118-6822

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1575200.00

Current Approval Amount

1575200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MEMPHIS

Project County Name

SHELBY

Project State

TN

Project Zip

38118-6822

CD

TN-09

Jobs Reported

90

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1575200.00

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

Corporation

Originating Lender Location Id

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1583788.08

Forgiveness Date

11/03/2020

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