PPP Loan information for Precision metal machining inc.

$640,000

Precision metal machining inc. was initially approved for PPP Loan of amount $640,000, the current approved amount is $640,000. The loan was approved on 02/09/2021 by The Loan Source Incorporated reported 47 jobs and $640,000 was used to fund payroll.

Precision metal machining inc. is Existing or more than 2 years old

PRECISION METAL MACHINING INC.

Date Approved

02/09/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

PRECISION METAL MACHINING INC.

Borrower Address

800 Central Blvd Ste C

Borrower City

Carlstadt

Borrower State

NJ

Borrower Zip

07072-3016

Loan Status Date

09/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

640000.00

Current Approval Amount

640000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carlstadt

Project County Name

BERGEN

Project State

NJ

Project Zip

07072-3016

CD

NJ-09

Jobs Reported

47

NAICS Code

423510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

639996.00

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

Corporation

Originating Lender Location Id

80189

Originating Lender

Columbia Bank

Originating Lender City

FAIR LAWN

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

547666.23

Forgiveness Date

06/17/2022

;