PPP Loan information for Precision medical technologies, inc.

$2,696,562

Precision medical technologies, inc. was initially approved for PPP Loan of amount $2,696,562, the current approved amount is $2,696,562. The loan was approved on 04/06/2020 by The Lake City Bank reported 205 jobs and $2,696,562 was used to fund payroll.

Precision medical technologies, inc. is Existing or more than 2 years old

PPP Loan Search / IN / WARSAW / Precision medical technologies, inc.

PRECISION MEDICAL TECHNOLOGIES, INC.

Date Approved

04/06/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

PRECISION MEDICAL TECHNOLOGIES, INC.

Borrower Address

2059 N Pound Drive W

Borrower City

WARSAW

Borrower State

IN

Borrower Zip

46582-6546

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2696562.00

Current Approval Amount

2696562.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WARSAW

Project County Name

KOSCIUSKO

Project State

IN

Project Zip

46582-6546

CD

IN-02

Jobs Reported

205

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

154142.00

Payroll Proceed

1691985.00

Mortgage Interest Proceed

0.00

Rent Proceed

195000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

330435.00

Debt Interest Proceed

325000

Business Type

Subchapter S Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2727946.99

Forgiveness Date

06/09/2021

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