PPP Loan information for Precis engineering, inc.

$1,687,500

Precis engineering, inc. was initially approved for PPP Loan of amount $1,687,500, the current approved amount is $1,687,500. The loan was approved on 04/09/2020 by The Fulton Bank, National Association reported 85 jobs and $1,687,500 was used to fund payroll.

Precis engineering, inc. is Existing or more than 2 years old

PPP Loan Search / PA / AMBLER / Precis engineering, inc.

PRECIS ENGINEERING, INC.

Date Approved

04/09/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

PRECIS ENGINEERING, INC.

Borrower Address

20 S. Maple St. Suite 200

Borrower City

AMBLER

Borrower State

PA

Borrower Zip

19002-5514

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1687500.00

Current Approval Amount

1687500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AMBLER

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19002-5514

CD

PA-04

Jobs Reported

85

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1265625.00

Mortgage Interest Proceed

0.00

Rent Proceed

421875.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1697859.38

Forgiveness Date

11/30/2020

;