PPP Loan information for Precision drawn metals inc

$856,700

Precision drawn metals inc was initially approved for PPP Loan of amount $856,700, the current approved amount is $856,700. The loan was approved on 04/10/2020 by The Johnson Bank reported 72 jobs and $856,700 was used to fund payroll.

Precision drawn metals inc is Existing or more than 2 years old

PPP Loan Search / WI / JANESVILLE / Precision drawn metals inc

PRECISION DRAWN METALS INC

Date Approved

04/10/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

PRECISION DRAWN METALS INC

Borrower Address

1345 PLAINFIELD AVE

Borrower City

JANESVILLE

Borrower State

WI

Borrower Zip

53545-0450

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

856700.00

Current Approval Amount

856700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JANESVILLE

Project County Name

ROCK

Project State

WI

Project Zip

53545-0450

CD

WI-01

Jobs Reported

72

NAICS Code

336412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

107087.50

Payroll Proceed

642525.00

Mortgage Interest Proceed

107087.50

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

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

862239.21

Forgiveness Date

12/28/2020

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