PPP Loan information for Precision industrial machine inc

$235,400

Precision industrial machine inc was initially approved for PPP Loan of amount $235,400, the current approved amount is $235,400. The loan was approved on 04/11/2020 by The First Horizon Bank reported 16 jobs and $235,400 was used to fund payroll.

Precision industrial machine inc is Existing or more than 2 years old

PPP Loan Search / AL / SARALAND / Precision industrial machine inc

PRECISION INDUSTRIAL MACHINE INC

Date Approved

04/11/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

PRECISION INDUSTRIAL MACHINE INC

Borrower Address

914-G HIGHWAY 43 SOUTH

Borrower City

SARALAND

Borrower State

AL

Borrower Zip

36571

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

235400.00

Current Approval Amount

235400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SARALAND

Project County Name

MOBILE

Project State

AL

Project Zip

36571-0001

CD

AL-01

Jobs Reported

16

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

235400.00

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

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

238832.92

Forgiveness Date

10/04/2021

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