PPP Loan information for Precise tool & manufacturing inc.

$1,524,745

Precise tool & manufacturing inc. was initially approved for PPP Loan of amount $1,524,745, the current approved amount is $1,524,745. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 117 jobs and $1,524,745 was used to fund payroll.

Precise tool & manufacturing inc. is Existing or more than 2 years old

PPP Loan Search / NY / Rochester / Precise tool & manufacturing inc.

PRECISE TOOL & MANUFACTURING INC.

Date Approved

05/01/2020

SBA Office Code

0219

Processing Method

PPP

Borrower Name

PRECISE TOOL & MANUFACTURING INC.

Borrower Address

9 Coldwater Cres

Borrower City

Rochester

Borrower State

NY

Borrower Zip

14624

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1524745.00

Current Approval Amount

1524745.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rochester

Project County Name

MONROE

Project State

NY

Project Zip

14624-0001

CD

NY-25

Jobs Reported

117

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

75400.00

Payroll Proceed

1219796.00

Mortgage Interest Proceed

0.00

Rent Proceed

96000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

133549.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1538608.32

Forgiveness Date

04/01/2021

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