PPP Loan information for Productive processing inc.

$361,095

Productive processing inc. was initially approved for PPP Loan of amount $361,095, the current approved amount is $361,095. The loan was approved on 01/22/2021 by The Lake Ridge Bank reported 39 jobs and $361,095 was used to fund payroll.

Productive processing inc. is Existing or more than 2 years old

PRODUCTIVE PROCESSING INC.

Date Approved

01/22/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

PRODUCTIVE PROCESSING INC.

Borrower Address

319 Yard Dr

Borrower City

Verona

Borrower State

WI

Borrower Zip

53593-8434

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

361095.00

Current Approval Amount

361095.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75741

Servicing Lender Name

Lake Ridge Bank

Servicing Lender Address

1205 Main St

Servicing Lender City

CROSS PLAINS

Servicing Lender State

WI

Servicing Lender Zip

53528-9479

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Verona

Project County Name

DANE

Project State

WI

Project Zip

53593-8434

CD

WI-02

Jobs Reported

39

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

361092.00

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

75741

Originating Lender

Lake Ridge Bank

Originating Lender City

CROSS PLAINS

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

363142.85

Forgiveness Date

08/25/2021

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