Productive Engineering Systems, INC

$325,100 PPP Loan in Norfolk, Virginia

Loan Details

Loan Number
3732557103
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$325,100
Current Approval
$325,100
Forgiveness Amount
$327,430
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Productive Engineering Systems, INC
Address
5736 Sellger Dr
ZIP Code
23502-5252
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332812)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$6.4M
Rural/Urban
Urban
Congressional District
VA-03

Loan Use Breakdown

Payroll
$285,600
Rent
$19,000
Utilities
$20,500

Lender Information

Servicing Lender
The Old Point National Bank of Phoebus
Originating Lender
The Old Point National Bank of Phoebus

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