PPP Loan information for Precision boring and machine inc.

$140,000

Precision boring and machine inc. was initially approved for PPP Loan of amount $140,000, the current approved amount is $140,000. The loan was approved on 04/11/2020 by The The Huntington National Bank reported 8 jobs and $140,000 was used to fund payroll.

Precision boring and machine inc. is Existing or more than 2 years old

PPP Loan Search / MI / AUBURN HILLS / Precision boring and machine inc.

PRECISION BORING AND MACHINE INC.

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PRECISION BORING AND MACHINE INC.

Borrower Address

2238 E WALTON BLVD

Borrower City

AUBURN HILLS

Borrower State

MI

Borrower Zip

48326-1952

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

140000.00

Current Approval Amount

140000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AUBURN HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48326-1952

CD

MI-11

Jobs Reported

8

NAICS Code

811118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

140000.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

119753.02

Forgiveness Date

02/17/2021

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