PPP Loan information for Precision machine works inc.

$312,300

Precision machine works inc. was initially approved for PPP Loan of amount $312,300, the current approved amount is $312,300. The loan was approved on 05/01/2020 by The First-Citizens Bank & Trust Company reported 19 jobs and $312,300 was used to fund payroll.

Precision machine works inc. is New Business or 2 years or less

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

PRECISION MACHINE WORKS INC.

Date Approved

05/01/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PRECISION MACHINE WORKS INC.

Borrower Address

19028 Industrial Rd

Borrower City

Culpeper

Borrower State

VA

Borrower Zip

22701

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

312300.00

Current Approval Amount

312300.00

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

New Business or 2 years or less

Project City

Culpeper

Project County Name

CULPEPER

Project State

VA

Project Zip

22701-0001

CD

VA-07

Jobs Reported

19

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

312300.00

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

315713.91

Forgiveness Date

06/08/2021

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