PPP Loan information for Precision aerospace inc.

$830,015

Precision aerospace inc. was initially approved for PPP Loan of amount $830,015, the current approved amount is $830,015. The loan was approved on 02/13/2021 by The Webster Bank National Association reported 68 jobs and $830,015 was used to fund payroll.

Precision aerospace inc. is Existing or more than 2 years old

PRECISION AEROSPACE INC.

Date Approved

02/13/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

PRECISION AEROSPACE INC.

Borrower Address

88 Cogwheel Ln

Borrower City

Seymour

Borrower State

CT

Borrower Zip

06483-3923

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

830015.00

Current Approval Amount

830015.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Seymour

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06483-3923

CD

CT-03

Jobs Reported

68

NAICS Code

336411

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

830012.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

834995.09

Forgiveness Date

09/23/2021

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