How to wait in bash for several subprocesses to finish, and return exit code !=0 when any subprocess ends with code !=0?

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wait also (optionally) takes the PID of the process to wait for, and with $! you get the PID of the last command launched in the background.
Modify the loop to store the PID of each spawned sub-process into an array, and then loop again waiting on each PID.

# run processes and store pids in array
for i in $n_procs; do
    ./procs[${i}] &
    pids[${i}]=$!
done

# wait for all pids
for pid in ${pids[*]}; do
    wait $pid
done