PPP Loan information for Fermer precision inc.

$445,815

Fermer precision inc. was initially approved for PPP Loan of amount $445,815, the current approved amount is $445,815. The loan was approved on 01/30/2021 by The Adirondack Bank reported 35 jobs and $445,815 was used to fund payroll.

Fermer precision inc. is Existing or more than 2 years old

PPP Loan Search / NY / Ilion / Fermer precision inc.

FERMER PRECISION INC.

Date Approved

01/30/2021

SBA Office Code

0248

Processing Method

PPS

Borrower Name

FERMER PRECISION INC.

Borrower Address

114 Johnson Rd

Borrower City

Ilion

Borrower State

NY

Borrower Zip

13357-3832

Loan Status Date

06/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

445815.00

Current Approval Amount

445815.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120225

Servicing Lender Name

Adirondack Bank

Servicing Lender Address

185 Genesee St

Servicing Lender City

UTICA

Servicing Lender State

NY

Servicing Lender Zip

13501-2102

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ilion

Project County Name

HERKIMER

Project State

NY

Project Zip

13357-3832

CD

NY-21

Jobs Reported

35

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

445814.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

120225

Originating Lender

Adirondack Bank

Originating Lender City

UTICA

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

451396.85

Forgiveness Date

05/26/2022

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