PPP borrower record
PROCESS ENGINEERING & EQUIPMENT COMPANY PPP loan record
Public SBA PPP loan record for PROCESS ENGINEERING & EQUIPMENT COMPANY. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$580,123
Approved amount
$583,540
Forgiven amount
2020-04-10
Date approved
Borrower and loan details
Borrower
PROCESS ENGINEERING & EQUIPMENT COMPANY
Loan number
2230397109
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Comstock Park
Borrower state
Michigan
Borrower ZIP
49321
Jobs reported
38
Loan status
Paid in Full
Forgiveness date
2020-11-17
Servicing lender
Mercantile Bank of Michigan
Originating lender
Mercantile Bank of Michigan
Reported use of proceeds
Payroll
$232,050
Rent
$100,000
Utilities
$28,826
Mortgage interest
N/A
Health care
$219,248
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.