PROMAAC SYSTEMS (WY) - 2020 PPP Loan Borrower Profile (# 6085197000)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to PROMAAC SYSTEMS. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Wyoming.

Loan Detail

Loan Number

6085197000

SBA Office Code

0897

Processing Method

PPP

Curent Loan Amount

$340,000

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$324,750.48

Date Loan was Forgiven

Nov 10, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

4,400

Payroll Proced

271,946

Mortgage Interest Proceed

4,000

Health Care Proceed

39,057

Debt Interest Proceed

20,597

Lender

Buffalo Federal Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

213112

Borrower Location

GILLETTE, WY

Project Location

GILLETTE, WY

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.