PPP Loan information for Mountain precision tool co., inc.

$120,100

Mountain precision tool co., inc. was initially approved for PPP Loan of amount $120,100, the current approved amount is $120,100. The loan was approved on 04/08/2020 by The The National Bank of Blacksburg reported 12 jobs and $120,100 was used to fund payroll.

Mountain precision tool co., inc. is Existing or more than 2 years old

PPP Loan Search / VA / BLACKSBURG / Mountain precision tool co., inc.

MOUNTAIN PRECISION TOOL CO., INC.

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MOUNTAIN PRECISION TOOL CO., INC.

Borrower Address

451 INDUSTRIAL PARK RD

Borrower City

BLACKSBURG

Borrower State

VA

Borrower Zip

24060-6609

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

120100.00

Current Approval Amount

120100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73099

Servicing Lender Name

The National Bank of Blacksburg

Servicing Lender Address

100 S Main St

Servicing Lender City

BLACKSBURG

Servicing Lender State

VA

Servicing Lender Zip

24060-4859

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLACKSBURG

Project County Name

MONTGOMERY

Project State

VA

Project Zip

24060-6609

CD

VA-09

Jobs Reported

12

NAICS Code

333517

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15012.50

Payroll Proceed

90075.00

Mortgage Interest Proceed

0.00

Rent Proceed

15012.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73099

Originating Lender

The National Bank of Blacksburg

Originating Lender City

BLACKSBURG

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

121031.19

Forgiveness Date

01/26/2021

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