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
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

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