PPP Loan information for Precision machinery systems inc.

$279,700

Precision machinery systems inc. was initially approved for PPP Loan of amount $279,700, the current approved amount is $279,700. The loan was approved on 04/05/2020 by The Loan Source Incorporated reported 23 jobs and $279,700 was used to fund payroll.

Precision machinery systems inc. is Existing or more than 2 years old

PPP Loan Search / PA / YORK / Precision machinery systems inc.

PRECISION MACHINERY SYSTEMS INC.

Date Approved

04/05/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

PRECISION MACHINERY SYSTEMS INC.

Borrower Address

635 Hay Street

Borrower City

YORK

Borrower State

PA

Borrower Zip

17403-1305

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

279700.00

Current Approval Amount

279700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

YORK

Project County Name

YORK

Project State

PA

Project Zip

17403-1305

CD

PA-10

Jobs Reported

23

NAICS Code

423830

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

279700.00

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

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

281240.27

Forgiveness Date

11/03/2020

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