PPP Loan information for Precision machine works inc.

$270,000

Precision machine works inc. was initially approved for PPP Loan of amount $270,000, the current approved amount is $270,000. The loan was approved on 03/17/2021 by The First-Citizens Bank & Trust Company reported 18 jobs and $270,000 was used to fund payroll.

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

PPP Loan Search / VA / Culpeper / Precision machine works inc.

PRECISION MACHINE WORKS INC.

Date Approved

03/17/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

PRECISION MACHINE WORKS INC.

Borrower Address

19028 Industrial Rd

Borrower City

Culpeper

Borrower State

VA

Borrower Zip

22701-4149

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

270000.00

Current Approval Amount

270000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Culpeper

Project County Name

CULPEPER

Project State

VA

Project Zip

22701-4149

CD

VA-07

Jobs Reported

18

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

269995.00

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

Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

271583.01

Forgiveness Date

10/25/2021

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