PPP Loan information for Precision-line electric corp

$199,500

Precision-line electric corp was initially approved for PPP Loan of amount $199,500, the current approved amount is $199,500. The loan was approved on 04/13/2020 by The TD Bank, National Association reported 13 jobs and $199,500 was used to fund payroll.

Precision-line electric corp is Existing or more than 2 years old

PRECISION-LINE ELECTRIC CORP

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PRECISION-LINE ELECTRIC CORP

Borrower Address

301 STATE ROUTE 79

Borrower City

MORGANVILLE

Borrower State

NJ

Borrower Zip

07751-2004

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

199500.00

Current Approval Amount

199500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORGANVILLE

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07751-2004

CD

NJ-03

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

199500.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

201749.92

Forgiveness Date

06/10/2021

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