PPP Loan information for Precision materials llc

$508,975

Precision materials llc was initially approved for PPP Loan of amount $755,400, the current approved amount is $508,975. The loan was approved on 01/27/2021 by The First National Bank of Pennsylvania reported 49 jobs and $508,975 was used to fund payroll.

Precision materials llc is Existing or more than 2 years old

PPP Loan Search / NC / Taylorsville / Precision materials llc

PRECISION MATERIALS LLC

Date Approved

01/27/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

PRECISION MATERIALS LLC

Borrower Address

6246 NC Highway 16 S

Borrower City

Taylorsville

Borrower State

NC

Borrower Zip

28681-6354

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

755400.00

Current Approval Amount

508975.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Taylorsville

Project County Name

ALEXANDER

Project State

NC

Project Zip

28681-6354

CD

NC-10

Jobs Reported

49

NAICS Code

321211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

508972.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

511152.28

Forgiveness Date

07/08/2021

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