PPP Loan information for Processa pharmaceuticals inc

$162,459

Processa pharmaceuticals inc was initially approved for PPP Loan of amount $162,459, the current approved amount is $162,459. The loan was approved on 04/30/2020 by The Bank of America, National Association reported 10 jobs and $162,459 was used to fund payroll.

Processa pharmaceuticals inc is Existing or more than 2 years old

PPP Loan Search / MD / HANOVER / Processa pharmaceuticals inc

PROCESSA PHARMACEUTICALS INC

Date Approved

04/30/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

PROCESSA PHARMACEUTICALS INC

Borrower Address

7380 COCA COLA DR STE 106

Borrower City

HANOVER

Borrower State

MD

Borrower Zip

21076-1789

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

162459.00

Current Approval Amount

162459.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HANOVER

Project County Name

HOWARD

Project State

MD

Project Zip

21076-1789

CD

MD-03

Jobs Reported

10

NAICS Code

531110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

162459.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

163745.32

Forgiveness Date

02/19/2021

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