PPP Loan information for Precision cutter and tool company

$181,316

Precision cutter and tool company was initially approved for PPP Loan of amount $181,316, the current approved amount is $181,316. The loan was approved on 04/08/2020 by The First State Community Bank reported 21 jobs and $181,316 was used to fund payroll.

Precision cutter and tool company is Existing or more than 2 years old

PRECISION CUTTER AND TOOL COMPANY

Date Approved

04/08/2020

SBA Office Code

0721

Processing Method

PPP

Borrower Name

PRECISION CUTTER AND TOOL COMPANY

Borrower Address

302 CARMECO RD

Borrower City

LEBANON

Borrower State

MO

Borrower Zip

65536-8109

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

181316.00

Current Approval Amount

181316.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40461

Servicing Lender Name

First State Community Bank

Servicing Lender Address

201 E Columbia

Servicing Lender City

FARMINGTON

Servicing Lender State

MO

Servicing Lender Zip

63640-3106

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEBANON

Project County Name

LACLEDE

Project State

MO

Project Zip

65536-8109

CD

MO-04

Jobs Reported

21

NAICS Code

333514

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11158.00

Payroll Proceed

139838.00

Mortgage Interest Proceed

6425.00

Rent Proceed

23895.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

40461

Originating Lender

First State Community Bank

Originating Lender City

FARMINGTON

Originating Lender State

MO

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

182761.49

Forgiveness Date

01/25/2021

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