PPP Loan information for Precision boring company, a michigan cor

$789,900

Precision boring company, a michigan cor was initially approved for PPP Loan of amount $789,900, the current approved amount is $789,900. The loan was approved on 04/07/2020 by The The Huntington National Bank reported 49 jobs and $789,900 was used to fund payroll.

Precision boring company, a michigan cor is Existing or more than 2 years old

PRECISION BORING COMPANY, A MICHIGAN COR

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PRECISION BORING COMPANY, A MICHIGAN COR

Borrower Address

24400 Maplehurst

Borrower City

CLINTON TOWNSHIP

Borrower State

MI

Borrower Zip

48036

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

789900.00

Current Approval Amount

789900.00

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

CLINTON TOWNSHIP

Project County Name

MACOMB

Project State

MI

Project Zip

48036-0899

CD

MI-10

Jobs Reported

49

NAICS Code

333515

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

789900.00

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

794920.73

Forgiveness Date

12/14/2020

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