PPP Loan information for Precise systems inc

$6,694,600

Precise systems inc was initially approved for PPP Loan of amount $6,694,600, the current approved amount is $6,694,600. The loan was approved on 04/10/2020 by The Truist Bank reported 470 jobs and $6,694,600 was used to fund payroll.

Precise systems inc is Existing or more than 2 years old

PRECISE SYSTEMS INC

Date Approved

04/10/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

PRECISE SYSTEMS INC

Borrower Address

22290 Exploration Dr Ste 400

Borrower City

LEXINGTON PARK

Borrower State

MD

Borrower Zip

20653-2066

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6694600.00

Current Approval Amount

6694600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON PARK

Project County Name

SAINT MARYS

Project State

MD

Project Zip

20653-2066

CD

MD-05

Jobs Reported

470

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6694600.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;