PPP Loan information for Precision machine and tool works, inc

$331,000

Precision machine and tool works, inc was initially approved for PPP Loan of amount $331,000, the current approved amount is $331,000. The loan was approved on 04/15/2020 by The United Community Bank reported 20 jobs and $331,000 was used to fund payroll.

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

PRECISION MACHINE AND TOOL WORKS, INC

Date Approved

04/15/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

PRECISION MACHINE AND TOOL WORKS, INC

Borrower Address

577 Sigman RD

Borrower City

CONYERS

Borrower State

GA

Borrower Zip

30013

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

331000.00

Current Approval Amount

331000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CONYERS

Project County Name

ROCKDALE

Project State

GA

Project Zip

30013-0100

CD

GA-04

Jobs Reported

20

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

331000.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

332786.49

Forgiveness Date

11/05/2020

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