PPP Loan information for Precision bending technology inc

$340,200

Precision bending technology inc was initially approved for PPP Loan of amount $340,200, the current approved amount is $340,200. The loan was approved on 04/06/2020 by The Peoples Bank reported 30 jobs and $340,200 was used to fund payroll.

Precision bending technology inc is Existing or more than 2 years old

PPP Loan Search / OH / MENTOR / Precision bending technology inc

PRECISION BENDING TECHNOLOGY INC

Date Approved

04/06/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

PRECISION BENDING TECHNOLOGY INC

Borrower Address

7350 Production Drive

Borrower City

MENTOR

Borrower State

OH

Borrower Zip

44060-4859

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

340200.00

Current Approval Amount

340200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MENTOR

Project County Name

LAKE

Project State

OH

Project Zip

44060-4859

CD

OH-14

Jobs Reported

30

NAICS Code

332996

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

255216.00

Mortgage Interest Proceed

0.00

Rent Proceed

84984.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

343413.00

Forgiveness Date

03/31/2021

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