PPP Loan information for Precision communications inc

$188,300

Precision communications inc was initially approved for PPP Loan of amount $188,300, the current approved amount is $188,300. The loan was approved on 04/03/2020 by The First Commercial Bank reported 13 jobs and $188,300 was used to fund payroll.

Precision communications inc is Existing or more than 2 years old

PRECISION COMMUNICATIONS INC

Date Approved

04/03/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

PRECISION COMMUNICATIONS INC

Borrower Address

30377 Highway 278 West

Borrower City

ABERDEEN

Borrower State

MS

Borrower Zip

39730

Loan Status Date

11/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

188300.00

Current Approval Amount

188300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

202885

Servicing Lender Name

First Commercial Bank

Servicing Lender Address

1300 Meadowbrook Rd

Servicing Lender City

JACKSON

Servicing Lender State

MS

Servicing Lender Zip

39211-6376

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ABERDEEN

Project County Name

MONROE

Project State

MS

Project Zip

39730-0001

CD

MS-01

Jobs Reported

13

NAICS Code

517919

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5600.00

Payroll Proceed

156337.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

18363

Business Type

Corporation

Originating Lender Location Id

202885

Originating Lender

First Commercial Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

179305.41

Forgiveness Date

11/03/2020

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