PPP Loan information for Precision devices inc.

$324,513

Precision devices inc. was initially approved for PPP Loan of amount $324,513, the current approved amount is $324,513. The loan was approved on 02/05/2021 by The Bank of Ann Arbor reported 21 jobs and $324,513 was used to fund payroll.

Precision devices inc. is Existing or more than 2 years old

PRECISION DEVICES INC.

Date Approved

02/05/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PRECISION DEVICES INC.

Borrower Address

606 County St

Borrower City

Milan

Borrower State

MI

Borrower Zip

48160-9606

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

324512.50

Current Approval Amount

324512.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Milan

Project County Name

WASHTENAW

Project State

MI

Project Zip

48160-9606

CD

MI-06

Jobs Reported

21

NAICS Code

334519

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

324512.50

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

326335.10

Forgiveness Date

09/07/2021

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