PPP Loan information for Promet processing corporation

$402,000

Promet processing corporation was initially approved for PPP Loan of amount $402,000, the current approved amount is $402,000. The loan was approved on 04/07/2020 by The Wintrust Bank, National Association reported 36 jobs and $402,000 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

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PROMET PROCESSING CORPORATION

Borrower Address

390 RIVER RIDGE DR

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60123-9370

Loan Status Date

07/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

402000.00

Current Approval Amount

402000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119179

Servicing Lender Name

Wintrust Bank, National Association

Servicing Lender Address

231 S LaSalle St, 13th Fl

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60604-1471

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

301500.00

Mortgage Interest Proceed

100500.00

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

119179

Originating Lender

Wintrust Bank, National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

404222.17

Forgiveness Date

11/03/2020

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