PPP borrower record
TRUSTEES OF THE PROCESS DISTRIBUTION GROUP 401(K) AND EMPLOY PPP loan record
Public SBA PPP loan record for TRUSTEES OF THE PROCESS DISTRIBUTION GROUP 401(K) AND EMPLOY. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$3,159,600
Approved amount
$3,198,130
Forgiven amount
2020-04-06
Date approved
Borrower and loan details
Borrower
TRUSTEES OF THE PROCESS DISTRIBUTION GROUP 401(K) AND EMPLOY
Loan number
5608017009
Business type
Employee Stock Ownership Plan(ESOP)
Business age
Existing or more than 2 years old
Borrower city
San Jose
Borrower state
California
Borrower ZIP
95138
Jobs reported
177
Loan status
Exemption 4
Forgiveness date
2021-06-30
Servicing lender
Comerica Bank
Originating lender
Comerica Bank
Reported use of proceeds
Payroll
$2,527,738
Rent
N/A
Utilities
N/A
Mortgage interest
$631,862
Health care
N/A
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.