PPP Loan information for Products engineering corp

$341,000

Products engineering corp was initially approved for PPP Loan of amount $341,000, the current approved amount is $341,000. The loan was approved on 04/08/2020 by The Loyal Trust Bank reported 56 jobs and $341,000 was used to fund payroll.

Products engineering corp is Existing or more than 2 years old

PPP Loan Search / CA / TORRANCE / Products engineering corp

PRODUCTS ENGINEERING CORP

Date Approved

04/08/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

PRODUCTS ENGINEERING CORP

Borrower Address

2645 MARICOPA ST

Borrower City

TORRANCE

Borrower State

CA

Borrower Zip

90503-5144

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

341000.00

Current Approval Amount

341000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

527106

Servicing Lender Name

Loyal Trust Bank

Servicing Lender Address

11675 Medlock Bridge Rd

Servicing Lender City

JOHNS CREEK

Servicing Lender State

GA

Servicing Lender Zip

30097-1565

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TORRANCE

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90503-5144

CD

CA-43

Jobs Reported

56

NAICS Code

541330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

341000.00

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

527106

Originating Lender

Loyal Trust Bank

Originating Lender City

JOHNS CREEK

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

346058.17

Forgiveness Date

10/12/2021

;