PPP Loan information for Precision design and machine inc

$821,700

Precision design and machine inc was initially approved for PPP Loan of amount $821,700, the current approved amount is $821,700. The loan was approved on 04/11/2020 by The Truist Bank reported 50 jobs and $821,700 was used to fund payroll.

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

PPP Loan Search / TN / NASHVILLE / Precision design and machine inc

PRECISION DESIGN AND MACHINE INC

Date Approved

04/11/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

PRECISION DESIGN AND MACHINE INC

Borrower Address

6124 COCKRILL BEND CIR

Borrower City

NASHVILLE

Borrower State

TN

Borrower Zip

37209-1050

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

821700.00

Current Approval Amount

821700.00

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

541420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

821700.00

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

828433.38

Forgiveness Date

02/17/2021

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