PPP Loan information for Precision engineering & contracting inc.

$1,098,175

Precision engineering & contracting inc. was initially approved for PPP Loan of amount $1,098,175, the current approved amount is $1,098,175. The loan was approved on 01/30/2021 by The KeyBank National Association reported 133 jobs and $1,098,175 was used to fund payroll.

Precision engineering & contracting inc. is Existing or more than 2 years old

PRECISION ENGINEERING & CONTRACTING INC.

Date Approved

01/30/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

PRECISION ENGINEERING & CONTRACTING INC.

Borrower Address

31340 Solon Road Suites 25 & 26

Borrower City

Solon

Borrower State

OH

Borrower Zip

44139

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1098175.00

Current Approval Amount

1098175.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Solon

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44139

CD

OH-11

Jobs Reported

133

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1098171.00

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

Subchapter S Corporation

Originating Lender Location Id

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1108705.45

Forgiveness Date

03/03/2022

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