PPP Loan information for Procter automotive, inc.

$165,700

Procter automotive, inc. was initially approved for PPP Loan of amount $165,700, the current approved amount is $165,700. The loan was approved on 04/15/2020 by The First State Bank reported 16 jobs and $165,700 was used to fund payroll.

Procter automotive, inc. is New Business or 2 years or less

PROCTER AUTOMOTIVE, INC.

Date Approved

04/15/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

PROCTER AUTOMOTIVE, INC.

Borrower Address

1325 BUTTERNUT ST

Borrower City

ABILENE

Borrower State

TX

Borrower Zip

79602-3716

Loan Status Date

06/03/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

165700.00

Current Approval Amount

165700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71430

Servicing Lender Name

First State Bank

Servicing Lender Address

2118 S Treadaway Blvd

Servicing Lender City

ABILENE

Servicing Lender State

TX

Servicing Lender Zip

79602-5906

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

ABILENE

Project County Name

TAYLOR

Project State

TX

Project Zip

79602-3716

CD

TX-19

Jobs Reported

16

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

165700.00

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

71430

Originating Lender

First State Bank

Originating Lender City

ABILENE

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

167307.06

Forgiveness Date

04/08/2021

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