PPP Loan information for Precision mechanical, inc

$159,755

Precision mechanical, inc was initially approved for PPP Loan of amount $159,755, the current approved amount is $159,755. The loan was approved on 05/06/2020 by The U.S. Bank, National Association reported 11 jobs and $159,755 was used to fund payroll.

Precision mechanical, inc is Existing or more than 2 years old

PPP Loan Search / OH / PARMA / Precision mechanical, inc

PRECISION MECHANICAL, INC

Date Approved

05/06/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

PRECISION MECHANICAL, INC

Borrower Address

5441 STATE RD

Borrower City

PARMA

Borrower State

OH

Borrower Zip

44134

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

159755.00

Current Approval Amount

159755.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PARMA

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44134-0301

CD

OH-07

Jobs Reported

11

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

159755.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

161450.18

Forgiveness Date

06/01/2021

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