PPP Loan information for Precision coatings, inc.

$663,000

Precision coatings, inc. was initially approved for PPP Loan of amount $663,000, the current approved amount is $663,000. The loan was approved on 04/28/2020 by The Comerica Bank reported 44 jobs and $663,000 was used to fund payroll.

Precision coatings, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Walled Lake / Precision coatings, inc.

PRECISION COATINGS, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PRECISION COATINGS, INC.

Borrower Address

8120 Goldie St

Borrower City

Walled Lake

Borrower State

MI

Borrower Zip

48390-4107

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

663000.00

Current Approval Amount

663000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Walled Lake

Project County Name

OAKLAND

Project State

MI

Project Zip

48390-4107

CD

MI-11

Jobs Reported

44

NAICS Code

332812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

530409.40

Mortgage Interest Proceed

132590.60

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

668138.25

Forgiveness Date

02/04/2021

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