PPP Loan information for Power precision industries inc

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

POWER PRECISION INDUSTRIES INC

Borrower Address

43545 Utica Road

Borrower City

Sterling Heights

Borrower State

MI

Borrower Zip

48314

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35600.00

Current Approval Amount

35600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Startup, Loan Funds will Open Business

Project City

Sterling Heights

Project County Name

MACOMB

Project State

MI

Project Zip

48314-0899

CD

MI-10

Jobs Reported

5

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

35600.00

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

Subchapter S Corporation

Originating Lender Location Id

49887

Originating Lender

Flagstar Bank National Association

Originating Lender City

HICKSVILLE

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

36090.60

Forgiveness Date

09/10/2021