PPP Loan information for Precision machine and manufacturing inc

$505,820

Precision machine and manufacturing inc was initially approved for PPP Loan of amount $505,820, the current approved amount is $505,820. The loan was approved on 02/18/2021 by The Cache Valley Bank reported 29 jobs and $505,820 was used to fund payroll.

Precision machine and manufacturing inc is Existing or more than 2 years old

PRECISION MACHINE AND MANUFACTURING INC

Date Approved

02/18/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

PRECISION MACHINE AND MANUFACTURING INC

Borrower Address

1290 S Bertelsen Rd

Borrower City

Eugene

Borrower State

OR

Borrower Zip

97402-5700

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

505820.00

Current Approval Amount

505820.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Eugene

Project County Name

LANE

Project State

OR

Project Zip

97402-5700

CD

OR-04

Jobs Reported

29

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

505817.00

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

Sole Proprietorship

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

508152.39

Forgiveness Date

08/10/2021

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