PPP Loan information for Precision brake works inc

$60,000

Precision brake works inc was initially approved for PPP Loan of amount $60,000, the current approved amount is $60,000. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 7 jobs and $60,000 was used to fund payroll.

Precision brake works inc is Existing or more than 2 years old

PRECISION BRAKE WORKS INC

Date Approved

05/01/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

PRECISION BRAKE WORKS INC

Borrower Address

32 Ethan Allen Hwy

Borrower City

Ridgefield

Borrower State

CT

Borrower Zip

06877

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60000.00

Current Approval Amount

60000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ridgefield

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06877-0001

CD

CT-04

Jobs Reported

7

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

56988.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2012.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60550.43

Forgiveness Date

04/08/2021

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