PPP Loan information for Precision machine and tool inc.

$20,400

Precision machine and tool inc. was initially approved for PPP Loan of amount $20,400, the current approved amount is $20,400. The loan was approved on 01/28/2021 by The Coastal Community Bank reported 2 jobs and $20,400 was used to fund payroll.

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

PPP Loan Search / WA / Camano Island / Precision machine and tool inc.

PRECISION MACHINE AND TOOL INC.

Date Approved

01/28/2021

SBA Office Code

1013

Processing Method

PPP

Borrower Name

PRECISION MACHINE AND TOOL INC.

Borrower Address

1263 Juniper Beach Rd

Borrower City

Camano Island

Borrower State

WA

Borrower Zip

98282-8825

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20400.00

Current Approval Amount

20400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121424

Servicing Lender Name

Coastal Community Bank

Servicing Lender Address

5415 Evergreen Way

Servicing Lender City

EVERETT

Servicing Lender State

WA

Servicing Lender Zip

98203-3646

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Camano Island

Project County Name

ISLAND

Project State

WA

Project Zip

98282-8825

CD

WA-02

Jobs Reported

2

NAICS Code

423830

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20398.00

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

Subchapter S Corporation

Originating Lender Location Id

121424

Originating Lender

Coastal Community Bank

Originating Lender City

EVERETT

Originating Lender State

WA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

20558.73

Forgiveness Date

11/15/2021

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