PPP Loan information for Promet processing corporation

$401,982

Promet processing corporation was initially approved for PPP Loan of amount $401,982, the current approved amount is $401,982. The loan was approved on 02/06/2021 by The Barrington Bank & Trust Company, National Association reported 36 jobs and $401,982 was used to fund payroll.

Promet processing corporation is Existing or more than 2 years old

PPP Loan Search / IL / Elgin / Promet processing corporation

PROMET PROCESSING CORPORATION

Date Approved

02/06/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

PROMET PROCESSING CORPORATION

Borrower Address

390 River Ridge Dr

Borrower City

Elgin

Borrower State

IL

Borrower Zip

60123-9370

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

401982.00

Current Approval Amount

401982.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121149

Servicing Lender Name

Barrington Bank & Trust Company, National Association

Servicing Lender Address

201 S Hough St

Servicing Lender City

BARRINGTON

Servicing Lender State

IL

Servicing Lender Zip

60010-4321

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elgin

Project County Name

KANE

Project State

IL

Project Zip

60123-9370

CD

IL-08

Jobs Reported

36

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

401982.00

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

121149

Originating Lender

Barrington Bank & Trust Company, National Association

Originating Lender City

BARRINGTON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

405186.69

Forgiveness Date

11/26/2021

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