PPP Loan information for Precision design and machinbe inc.

$816,445

Precision design and machinbe inc. was initially approved for PPP Loan of amount $816,445, the current approved amount is $816,445. The loan was approved on 02/12/2021 by The Truist Bank reported 50 jobs and $816,445 was used to fund payroll.

Precision design and machinbe inc. is Existing or more than 2 years old

PPP Loan Search / TN / Nashville / Precision design and machinbe inc.

PRECISION DESIGN AND MACHINBE INC.

Date Approved

02/12/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

PRECISION DESIGN AND MACHINBE INC.

Borrower Address

6124 Cockrill Bend Cir

Borrower City

Nashville

Borrower State

TN

Borrower Zip

37209-1050

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

816445.00

Current Approval Amount

816445.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Nashville

Project County Name

DAVIDSON

Project State

TN

Project Zip

37209-1050

CD

TN-05

Jobs Reported

50

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

816442.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

822591.02

Forgiveness Date

12/14/2021

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