Process Components, Inc.

$599,000 PPP Loan in Odessa, Texas

Loan Details

Loan Number
7660637210
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$599,000
Current Approval
$599,000
Forgiveness Amount
$603,842
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Process Components, Inc.
Address
201 W 83rd St
City
Odessa
State
Texas
ZIP Code
79764-2360
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333132)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$9.2M
Rural/Urban
Urban
Congressional District
TX-11

Loan Use Breakdown

Payroll
$479,200
Rent
$59,900
Utilities
$59,900

Lender Information

Servicing Lender
City Bank
Originating Lender
City Bank

Other PPP Loans in Odessa, TX

BusinessApproved
Blakely Construction Co., Inc.$4,834,300NewBizBotAI Deep Dive
The Sewell Family of Companies, Inc.$4,729,057NewBizBotAI Deep Dive
Permian Tank & Manufacturing, INC$4,698,500NewBizBotAI Deep Dive
Wfi INC$4,530,184NewBizBotAI Deep Dive
Viva Well Servicing Company, LP$4,336,200NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free