PPP Loan information for Precision drive & control inc

$1,633,261

Precision drive & control inc was initially approved for PPP Loan of amount $1,633,261, the current approved amount is $1,633,261. The loan was approved on 04/11/2020 by The Woodford State Bank reported 121 jobs and $1,633,261 was used to fund payroll.

Precision drive & control inc is Existing or more than 2 years old

PPP Loan Search / WI / MONROE / Precision drive & control inc

PRECISION DRIVE & CONTROL INC

Date Approved

04/11/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

PRECISION DRIVE & CONTROL INC

Borrower Address

504 11th St

Borrower City

MONROE

Borrower State

WI

Borrower Zip

53566-1343

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1633260.67

Current Approval Amount

1633260.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77099

Servicing Lender Name

Woodford State Bank

Servicing Lender Address

403 W 8th St

Servicing Lender City

MONROE

Servicing Lender State

WI

Servicing Lender Zip

53566-1063

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MONROE

Project County Name

GREEN

Project State

WI

Project Zip

53566-1343

CD

WI-02

Jobs Reported

121

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

40831.51

Payroll Proceed

1551597.65

Mortgage Interest Proceed

0.00

Rent Proceed

40831.51

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

77099

Originating Lender

Woodford State Bank

Originating Lender City

MONROE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1642970.74

Forgiveness Date

11/23/2020

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