PPP Loan information for Precision locating llc

$587,600

Precision locating llc was initially approved for PPP Loan of amount $587,600, the current approved amount is $587,600. The loan was approved on 04/07/2020 by The United Community Bank reported 65 jobs and $587,600 was used to fund payroll.

Precision locating llc is Existing or more than 2 years old

PPP Loan Search / MN / PERHAM / Precision locating llc

PRECISION LOCATING LLC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PRECISION LOCATING LLC

Borrower Address

150 2ND ST SW

Borrower City

PERHAM

Borrower State

MN

Borrower Zip

56573-1405

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

587600.00

Current Approval Amount

587600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38738

Servicing Lender Name

United Community Bank

Servicing Lender Address

301 W Main St

Servicing Lender City

PERHAM

Servicing Lender State

MN

Servicing Lender Zip

56573-1455

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PERHAM

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56573-1405

CD

MN-07

Jobs Reported

65

NAICS Code

561990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

587600.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

38738

Originating Lender

United Community Bank

Originating Lender City

PERHAM

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

590884.12

Forgiveness Date

11/05/2020

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