PPP Loan information for Precision engineering inc.

$1,583,052

Precision engineering inc. was initially approved for PPP Loan of amount $1,583,052, the current approved amount is $1,583,052. The loan was approved on 01/30/2021 by The Farmers & Merchants Bank of Central California reported 49 jobs and $1,583,052 was used to fund payroll.

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

PPP Loan Search / CA / San Francisco / Precision engineering inc.

PRECISION ENGINEERING INC.

Date Approved

01/30/2021

SBA Office Code

0912

Processing Method

PPS

Borrower Name

PRECISION ENGINEERING INC.

Borrower Address

1939 Newcomb Ave

Borrower City

San Francisco

Borrower State

CA

Borrower Zip

94124-1616

Loan Status Date

11/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1583052.00

Current Approval Amount

1583052.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5461

Servicing Lender Name

Farmers & Merchants Bank of Central California

Servicing Lender Address

121 W Pine St

Servicing Lender City

LODI

Servicing Lender State

CA

Servicing Lender Zip

95240-2110

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

San Francisco

Project County Name

SAN FRANCISCO

Project State

CA

Project Zip

94124-1616

CD

CA-11

Jobs Reported

49

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1583049.00

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

5461

Originating Lender

Farmers & Merchants Bank of Central California

Originating Lender City

LODI

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1429137.53

Forgiveness Date

10/07/2022

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