PPP Loan information for National precision tool co inc

$344,645

National precision tool co inc was initially approved for PPP Loan of amount $344,645, the current approved amount is $344,645. The loan was approved on 04/27/2020 by The The MINT National Bank reported 25 jobs and $344,645 was used to fund payroll.

National precision tool co inc is Existing or more than 2 years old

NATIONAL PRECISION TOOL CO INC

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NATIONAL PRECISION TOOL CO INC

Borrower Address

24 SHERWOOD LANE

Borrower City

FAIRFIELD

Borrower State

NJ

Borrower Zip

07004

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

344645.00

Current Approval Amount

344645.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

461163

Servicing Lender Name

The MINT National Bank

Servicing Lender Address

1213 Kingwood Dr

Servicing Lender City

KINGWOOD

Servicing Lender State

TX

Servicing Lender Zip

77339-3035

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRFIELD

Project County Name

ESSEX

Project State

NJ

Project Zip

07004-0011

CD

NJ-11

Jobs Reported

25

NAICS Code

333517

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

344645.00

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

Corporation

Originating Lender Location Id

461163

Originating Lender

The MINT National Bank

Originating Lender City

KINGWOOD

Originating Lender State

TX

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

347024.47

Forgiveness Date

01/20/2021

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