PPP Loan information for Power precision industries inc

$26,010

Power precision industries inc was initially approved for PPP Loan of amount $26,010, the current approved amount is $26,010. The loan was approved on 02/26/2021 by The Loan Source Incorporated reported 5 jobs and $26,010 was used to fund payroll.

Power precision industries inc is Existing or more than 2 years old

PPP Loan Search / MI / Sterling Heights / Power precision industries inc

POWER PRECISION INDUSTRIES INC

Date Approved

02/26/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

POWER PRECISION INDUSTRIES INC

Borrower Address

43545 Utica Rd

Borrower City

Sterling Heights

Borrower State

MI

Borrower Zip

48314-2358

Loan Status Date

11/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

26010.00

Current Approval Amount

26010.00

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

Existing or more than 2 years old

Project City

Sterling Heights

Project County Name

MACOMB

Project State

MI

Project Zip

48314-2358

CD

MI-10

Jobs Reported

5

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

26007.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

26393.38

Forgiveness Date

09/09/2022

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