PPP Loan information for Precision machine & metal fabs, inc

$256,000

Precision machine & metal fabs, inc was initially approved for PPP Loan of amount $256,000, the current approved amount is $256,000. The loan was approved on 04/15/2020 by The BankPlus reported 35 jobs and $256,000 was used to fund payroll.

Precision machine & metal fabs, inc is Existing or more than 2 years old

PPP Loan Search / MS / TUPELO / Precision machine & metal fabs, inc

PRECISION MACHINE & METAL FABS, INC

Date Approved

04/15/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

PRECISION MACHINE & METAL FABS, INC

Borrower Address

502 CROSSOVER RD

Borrower City

TUPELO

Borrower State

MS

Borrower Zip

38801-4946

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

256000.00

Current Approval Amount

256000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39099

Servicing Lender Name

BankPlus

Servicing Lender Address

202 E Jackson St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3524

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TUPELO

Project County Name

LEE

Project State

MS

Project Zip

38801-4946

CD

MS-01

Jobs Reported

35

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2500.00

Payroll Proceed

238300.00

Mortgage Interest Proceed

7200.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

8000

Business Type

Corporation

Originating Lender Location Id

39099

Originating Lender

BankPlus

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

259498.67

Forgiveness Date

08/26/2021

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