PPP Loan information for Precision group energy services inc

$446,102

Precision group energy services inc was initially approved for PPP Loan of amount $446,102, the current approved amount is $446,102. The loan was approved on 04/15/2020 by The Falcon International Bank reported 41 jobs and $446,102 was used to fund payroll.

Precision group energy services inc is Existing or more than 2 years old

PRECISION GROUP ENERGY SERVICES INC

Date Approved

04/15/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

PRECISION GROUP ENERGY SERVICES INC

Borrower Address

475 El Pico Road

Borrower City

LAREDO

Borrower State

TX

Borrower Zip

78045-7919

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

446101.92

Current Approval Amount

446101.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

110490

Servicing Lender Name

Falcon International Bank

Servicing Lender Address

7718 McPherson Rd

Servicing Lender City

LAREDO

Servicing Lender State

TX

Servicing Lender Zip

78045-2805

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAREDO

Project County Name

WEBB

Project State

TX

Project Zip

78045-7919

CD

TX-28

Jobs Reported

41

NAICS Code

541990

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

429101.92

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

110490

Originating Lender

Falcon International Bank

Originating Lender City

LAREDO

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

450773.60

Forgiveness Date

05/06/2021

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