PPP Loan information for Precision machinists company, inc.

$406,630

Precision machinists company, inc. was initially approved for PPP Loan of amount $406,630, the current approved amount is $406,630. The loan was approved on 04/15/2020 by The Middlesex Savings Bank reported 39 jobs and $406,630 was used to fund payroll.

Precision machinists company, inc. is Existing or more than 2 years old

PRECISION MACHINISTS COMPANY, INC.

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PRECISION MACHINISTS COMPANY, INC.

Borrower Address

299 LITTLETON RD

Borrower City

CHELMSFORD

Borrower State

MA

Borrower Zip

01824-3307

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

406630.00

Current Approval Amount

406630.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33108

Servicing Lender Name

Middlesex Savings Bank

Servicing Lender Address

6 Main St

Servicing Lender City

NATICK

Servicing Lender State

MA

Servicing Lender Zip

01760-4506

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHELMSFORD

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01824-3307

CD

MA-03

Jobs Reported

39

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

406630.00

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

33108

Originating Lender

Middlesex Savings Bank

Originating Lender City

NATICK

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

409081.08

Forgiveness Date

11/23/2020

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