Proex, Inc.

$361,000 PPP Loan in Flint, Michigan

Loan Details

Loan Number
2216487704
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$361,000
Current Approval
$361,000
Forgiveness Amount
$365,717
Forgiveness Date
Aug 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Proex, Inc.
Address
5403 S Dort Hwy
City
Flint
ZIP Code
48507
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238910)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$7.5M
Rural/Urban
Urban
Congressional District
MI-08

Loan Use Breakdown

Payroll
$310,915
Rent
$3,750
Utilities
$1,100
Health Care
$14,695
Debt Interest
$30,540

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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