PPP Loan information for Precision laser processing

$147,725

Precision laser processing was initially approved for PPP Loan of amount $147,725, the current approved amount is $147,725. The loan was approved on 05/01/2020 by The Cross River Bank reported 22 jobs and $147,725 was used to fund payroll.

Precision laser processing is Existing or more than 2 years old

PRECISION LASER PROCESSING

Date Approved

05/01/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

PRECISION LASER PROCESSING

Borrower Address

8815 S Harrison St

Borrower City

Sandy

Borrower State

UT

Borrower Zip

84070

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

147725.00

Current Approval Amount

147725.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sandy

Project County Name

SALT LAKE

Project State

UT

Project Zip

84070-0100

CD

UT-03

Jobs Reported

22

NAICS Code

423490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

147725.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

149785.06

Forgiveness Date

09/29/2021

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