PPP Loan information for Precision automated technology, inc.

$259,742

Precision automated technology, inc. was initially approved for PPP Loan of amount $259,742, the current approved amount is $259,742. The loan was approved on 04/07/2020 by The Cache Valley Bank reported 18 jobs and $259,742 was used to fund payroll.

Precision automated technology, inc. is Existing or more than 2 years old

PPP Loan Search / UT / NORTH SALT LAKE / Precision automated technology, inc.

PRECISION AUTOMATED TECHNOLOGY, INC.

Date Approved

04/07/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

PRECISION AUTOMATED TECHNOLOGY, INC.

Borrower Address

650 TAYLOR WAY

Borrower City

NORTH SALT LAKE

Borrower State

UT

Borrower Zip

84054-2732

Loan Status Date

01/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

259742.35

Current Approval Amount

259742.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH SALT LAKE

Project County Name

DAVIS

Project State

UT

Project Zip

84054-2732

CD

UT-02

Jobs Reported

18

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5531.07

Payroll Proceed

191809.74

Mortgage Interest Proceed

0.00

Rent Proceed

20307.69

Refinance EIDL Proceed

42093.85

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

261228.65

Forgiveness Date

11/03/2020

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