PPP Loan information for Precision automotive llc

$22,854

Precision automotive llc was initially approved for PPP Loan of amount $22,854, the current approved amount is $22,854. The loan was approved on 01/31/2021 by The Cornerstone Bank reported 2 jobs and $22,854 was used to fund payroll.

Precision automotive llc is Existing or more than 2 years old

PRECISION AUTOMOTIVE LLC

Date Approved

01/31/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

PRECISION AUTOMOTIVE LLC

Borrower Address

724 W Midland Trl

Borrower City

Lexington

Borrower State

VA

Borrower Zip

24450-4008

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

22854.17

Current Approval Amount

22854.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

462675

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

54 S Main St

Servicing Lender City

LEXINGTON

Servicing Lender State

VA

Servicing Lender Zip

24450-2523

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lexington

Project County Name

ROCKBRIDGE

Project State

VA

Project Zip

24450-4008

CD

VA-06

Jobs Reported

2

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

22854.17

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 Partnership

Originating Lender Location Id

462675

Originating Lender

Cornerstone Bank

Originating Lender City

LEXINGTON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

23023.85

Forgiveness Date

11/03/2021

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