PPP Loan information for Precision frame, inc

$47,950

Precision frame, inc was initially approved for PPP Loan of amount $47,950, the current approved amount is $47,950. The loan was approved on 05/01/2020 by The First Secure Community Bank reported 5 jobs and $47,950 was used to fund payroll.

Precision frame, inc is New Business or 2 years or less

PRECISION FRAME, INC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PRECISION FRAME, INC

Borrower Address

5516 West 110th Street Suite 12

Borrower City

OAK LAWN

Borrower State

IL

Borrower Zip

60453

Loan Status Date

05/31/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47950.00

Current Approval Amount

47950.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124397

Servicing Lender Name

First Secure Community Bank

Servicing Lender Address

670 N Sugar Grove Pkwy Rte 47

Servicing Lender City

Sugar Grove

Servicing Lender State

IL

Servicing Lender Zip

60554

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

OAK LAWN

Project County Name

COOK

Project State

IL

Project Zip

60453-0001

CD

IL-06

Jobs Reported

5

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1950.00

Payroll Proceed

41000.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

124397

Originating Lender

First Secure Community Bank

Originating Lender City

Sugar Grove

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48536.06

Forgiveness Date

08/05/2021

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