PPP Loan information for Precision electric inc

$369,710

Precision electric inc was initially approved for PPP Loan of amount $369,710, the current approved amount is $369,710. The loan was approved on 02/20/2021 by The PNC Bank, National Association reported 22 jobs and $369,710 was used to fund payroll.

Precision electric inc is Existing or more than 2 years old

PPP Loan Search / IN / Mishawaka / Precision electric inc

PRECISION ELECTRIC INC

Date Approved

02/20/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

PRECISION ELECTRIC INC

Borrower Address

1508 W 6th St 1508 W 6th St

Borrower City

Mishawaka

Borrower State

IN

Borrower Zip

46544-1640

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

369710.00

Current Approval Amount

369710.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Mishawaka

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46544-1640

CD

IN-02

Jobs Reported

22

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

369706.00

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

Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

372185.00

Forgiveness Date

10/22/2021

;