This is easily done. Keep in mind that a variable, let's say 'Process.SerialNumber' can also be referred to as 'Process["SerialNumber"]'. So you can so something like this:
var formFields = ['field1', 'field2','field3'];
for (var i=0; i<formFields.length; i++) {
Process[formFields[i]] = value[i];
}
This would create process variables Process.field1, Process.field2, Process.field3.