PPP Loan information for Precision diesel, inc.

$186,200

Precision diesel, inc. was initially approved for PPP Loan of amount $186,200, the current approved amount is $186,200. The loan was approved on 04/04/2020 by The Houghton State Bank reported 15 jobs and $186,200 was used to fund payroll.

Precision diesel, inc. is Existing or more than 2 years old

PPP Loan Search / IA / RED OAK / Precision diesel, inc.

PRECISION DIESEL, INC.

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

PRECISION DIESEL, INC.

Borrower Address

1956 G AVE

Borrower City

RED OAK

Borrower State

IA

Borrower Zip

51566-4474

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

186200.00

Current Approval Amount

186200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25408

Servicing Lender Name

Houghton State Bank

Servicing Lender Address

116 Coolbaugh St

Servicing Lender City

RED OAK

Servicing Lender State

IA

Servicing Lender Zip

51566-2273

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RED OAK

Project County Name

MONTGOMERY

Project State

IA

Project Zip

51566-4474

CD

IA-03

Jobs Reported

15

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3500.00

Payroll Proceed

148500.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

26200.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25408

Originating Lender

Houghton State Bank

Originating Lender City

RED OAK

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

187782.70

Forgiveness Date

02/09/2021

;