PPP Loan information for Precision component sales inc

$24,002

Precision component sales inc was initially approved for PPP Loan of amount $24,002, the current approved amount is $24,002. The loan was approved on 04/15/2020 by The Lakeland Bank reported 2 jobs and $24,002 was used to fund payroll.

Precision component sales inc is Existing or more than 2 years old

PRECISION COMPONENT SALES INC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PRECISION COMPONENT SALES INC

Borrower Address

PO Box 623

Borrower City

SPARTA

Borrower State

NJ

Borrower Zip

07871

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24002.07

Current Approval Amount

24002.07

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPARTA

Project County Name

SUSSEX

Project State

NJ

Project Zip

07871-0001

CD

NJ-07

Jobs Reported

2

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

24002.07

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

Subchapter S Corporation

Originating Lender Location Id

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

24231.42

Forgiveness Date

04/08/2021

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