PPP Loan information for Precision auto industries

$43,750

Precision auto industries was initially approved for PPP Loan of amount $43,750, the current approved amount is $43,750. The loan was approved on 04/10/2020 by The Bank of Commerce reported 7 jobs and $43,750 was used to fund payroll.

Precision auto industries is New Business or 2 years or less

PRECISION AUTO INDUSTRIES

Date Approved

04/10/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

PRECISION AUTO INDUSTRIES

Borrower Address

501 W ELK AVE

Borrower City

DUNCAN

Borrower State

OK

Borrower Zip

73533-3907

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

43750.00

Current Approval Amount

43750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

296974

Servicing Lender Name

Bank of Commerce

Servicing Lender Address

1601 W Commerce St

Servicing Lender City

DUNCAN

Servicing Lender State

OK

Servicing Lender Zip

73533-8981

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

DUNCAN

Project County Name

STEPHENS

Project State

OK

Project Zip

73533-3907

CD

OK-04

Jobs Reported

7

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

43750.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

296974

Originating Lender

Bank of Commerce

Originating Lender City

DUNCAN

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

44070.83

Forgiveness Date

01/07/2021

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