PPP Loan information for Precision hardwood resources inc

$756,783

Precision hardwood resources inc was initially approved for PPP Loan of amount $756,783, the current approved amount is $756,783. The loan was approved on 04/08/2020 by The Chelsea State Bank reported 69 jobs and $756,783 was used to fund payroll.

Precision hardwood resources inc is Existing or more than 2 years old

PPP Loan Search / MI / CHELSEA / Precision hardwood resources inc

PRECISION HARDWOOD RESOURCES INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PRECISION HARDWOOD RESOURCES INC

Borrower Address

680 E. INDUSTRIAL DR

Borrower City

CHELSEA

Borrower State

MI

Borrower Zip

48118-1285

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

756783.15

Current Approval Amount

756783.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33691

Servicing Lender Name

Chelsea State Bank

Servicing Lender Address

1010 S Main St

Servicing Lender City

CHELSEA

Servicing Lender State

MI

Servicing Lender Zip

48118-1435

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHELSEA

Project County Name

WASHTENAW

Project State

MI

Project Zip

48118-1285

CD

MI-06

Jobs Reported

69

NAICS Code

321912

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

189195.78

Payroll Proceed

567587.37

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

33691

Originating Lender

Chelsea State Bank

Originating Lender City

CHELSEA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

761054.31

Forgiveness Date

11/03/2020

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