PPP Loan information for Precision electric inc

$7,000

Precision electric inc was initially approved for PPP Loan of amount $7,000, the current approved amount is $7,000. The loan was approved on 04/28/2020 by The Armstrong Bank reported 2 jobs and $7,000 was used to fund payroll.

Precision electric inc is Existing or more than 2 years old

PRECISION ELECTRIC INC

Date Approved

04/28/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

PRECISION ELECTRIC INC

Borrower Address

341 W CHESTNUT

Borrower City

NOBLE

Borrower State

OK

Borrower Zip

73068-8545

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7000.00

Current Approval Amount

7000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59482

Servicing Lender Name

Armstrong Bank

Servicing Lender Address

1215 W Okmulgee St

Servicing Lender City

MUSKOGEE

Servicing Lender State

OK

Servicing Lender Zip

74401-6849

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NOBLE

Project County Name

CLEVELAND

Project State

OK

Project Zip

73068-8545

CD

OK-04

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7000.00

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

59482

Originating Lender

Armstrong Bank

Originating Lender City

MUSKOGEE

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7035.29

Forgiveness Date

11/05/2020

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