PPP Loan information for Precision cutter & tool co.

$173,484

Precision cutter & tool co. was initially approved for PPP Loan of amount $173,484, the current approved amount is $173,484. The loan was approved on 03/09/2021 by The First State Community Bank reported 18 jobs and $173,484 was used to fund payroll.

Precision cutter & tool co. is Existing or more than 2 years old

PRECISION CUTTER & TOOL CO.

Date Approved

03/09/2021

SBA Office Code

0721

Processing Method

PPS

Borrower Name

PRECISION CUTTER & TOOL CO.

Borrower Address

302 Carmeco Rd

Borrower City

Lebanon

Borrower State

MO

Borrower Zip

65536-8109

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

173484.00

Current Approval Amount

173484.00

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

18

NAICS Code

333514

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

173481.00

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

Corporation

Originating Lender Location Id

40461

Originating Lender

First State Community Bank

Originating Lender City

FARMINGTON

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

175069.45

Forgiveness Date

02/03/2022

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