Process and Power INC
$995,100 PPP Loan in Memphis, Tennessee
Loan Details
- Loan Number
- 6304537007
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $995,100
- Current Approval
- $995,148
- Forgiveness Amount
- $1,008,444
- Forgiveness Date
- Aug 10, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Process and Power INC
- Address
- 1721 Corporate Ave
- City
- Memphis
- State
- Tennessee
- ZIP Code
- 38132-1702
- Business Type
- Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 90
- Estimated Revenue
- $19.3M
- Rural/Urban
- Urban
- Congressional District
- TN-09
Loan Use Breakdown
- Payroll
- $995,148
Lender Information
- Servicing Lender
- First Horizon Bank
- Originating Lender
- Iberiabank, a Division of First Horizon Bank
Other PPP Loans in Memphis, TN
| Business | Approved | |
|---|---|---|
| Wendelta, INC | $10,000,000 | |
| Eastport Holdings LLC | $10,000,000 | |
| Mimeo.com, INC | $6,798,036 | |
| Building Plastics INC | $6,184,037 | |
| Ensafe Inc. | $5,882,393 |
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