PPP Loan information for Procomp inc

$111,634

Procomp inc was initially approved for PPP Loan of amount $111,634, the current approved amount is $111,634. The loan was approved on 01/20/2021 by The Spencer Savings Bank, SLA reported 7 jobs and $111,634 was used to fund payroll.

Procomp inc is Existing or more than 2 years old

PPP Loan Search / NJ / Monroe Township / Procomp inc

PROCOMP INC

Date Approved

01/20/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

PROCOMP INC

Borrower Address

301 John Wall Rd

Borrower City

Monroe Township

Borrower State

NJ

Borrower Zip

08831-3209

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

111634.00

Current Approval Amount

111634.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

85804

Servicing Lender Name

Spencer Savings Bank, SLA

Servicing Lender Address

611 River Dr

Servicing Lender City

ELMWOOD PARK

Servicing Lender State

NJ

Servicing Lender Zip

07407-1325

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Monroe Township

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08831-3209

CD

NJ-12

Jobs Reported

7

NAICS Code

423710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

111630.00

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

Subchapter S Corporation

Originating Lender Location Id

85804

Originating Lender

Spencer Savings Bank, SLA

Originating Lender City

ELMWOOD PARK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112086.65

Forgiveness Date

06/23/2021

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