PPP Loan information for Precision converting technologies, llc

$234,500

Precision converting technologies, llc was initially approved for PPP Loan of amount $234,500, the current approved amount is $234,500. The loan was approved on 04/07/2020 by The MidWestOne Bank reported 15 jobs and $234,500 was used to fund payroll.

Precision converting technologies, llc is Existing or more than 2 years old

PRECISION CONVERTING TECHNOLOGIES, LLC

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

PRECISION CONVERTING TECHNOLOGIES, LLC

Borrower Address

721 Norflex Dr

Borrower City

HUDSON

Borrower State

WI

Borrower Zip

54016-7671

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

234500.00

Current Approval Amount

234500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUDSON

Project County Name

SAINT CROIX

Project State

WI

Project Zip

54016-7671

CD

WI-07

Jobs Reported

15

NAICS Code

323111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

14656.25

Payroll Proceed

175875.00

Mortgage Interest Proceed

14656.25

Rent Proceed

14656.25

Refinance EIDL Proceed

0.00

Health Care Proceed

14656.25

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

236584.44

Forgiveness Date

03/05/2021

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