PPP Loan information for Precision machine industries, inc

$38,600

Precision machine industries, inc was initially approved for PPP Loan of amount $38,600, the current approved amount is $38,600. The loan was approved on 04/27/2020 by The The Stephenson National Bank and Trust reported 4 jobs and $38,600 was used to fund payroll.

Precision machine industries, inc is Existing or more than 2 years old

PRECISION MACHINE INDUSTRIES, INC

Date Approved

04/27/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

PRECISION MACHINE INDUSTRIES, INC

Borrower Address

215 VAN BUREN ST

Borrower City

OCONTO FALLS

Borrower State

WI

Borrower Zip

54154-1135

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38600.00

Current Approval Amount

38600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76260

Servicing Lender Name

The Stephenson National Bank and Trust

Servicing Lender Address

1820 Hall Ave

Servicing Lender City

MARINETTE

Servicing Lender State

WI

Servicing Lender Zip

54143-1715

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OCONTO FALLS

Project County Name

OCONTO

Project State

WI

Project Zip

54154-1135

CD

WI-08

Jobs Reported

4

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1656.00

Payroll Proceed

35940.00

Mortgage Interest Proceed

1004.00

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

76260

Originating Lender

The Stephenson National Bank and Trust

Originating Lender City

MARINETTE

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

38862.69

Forgiveness Date

01/08/2021

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