# PPP loan: PROCESS MACHINERY, INC.
> **$285K** approved 04/14/2020 · Paid in Full · Loan `7069887109`
## Borrower
- **Name:** PROCESS MACHINERY, INC.
- **Address:** 1316 State Docks Rd,, Decatur, AL, 35601-7580
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $288K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $285K
- **Jobs reported:** 15
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*