PPP Loan information for Precision metals inc.

$494,929

Precision metals inc. was initially approved for PPP Loan of amount $494,929, the current approved amount is $494,929. The loan was approved on 04/05/2020 by The Glacier Bank reported 41 jobs and $494,929 was used to fund payroll.

Precision metals inc. is Existing or more than 2 years old

PRECISION METALS INC.

Date Approved

04/05/2020

SBA Office Code

0944

Processing Method

PPP

Borrower Name

PRECISION METALS INC.

Borrower Address

1315 GREG ST

Borrower City

SPARKS

Borrower State

NV

Borrower Zip

89431-6060

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

494929.00

Current Approval Amount

494929.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87893

Servicing Lender Name

Glacier Bank

Servicing Lender Address

202 Main St

Servicing Lender City

KALISPELL

Servicing Lender State

MT

Servicing Lender Zip

59901-4454

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPARKS

Project County Name

WASHOE

Project State

NV

Project Zip

89431-6060

CD

NV-02

Jobs Reported

41

NAICS Code

332312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6500.00

Payroll Proceed

440429.00

Mortgage Interest Proceed

0.00

Rent Proceed

48000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

87893

Originating Lender

Glacier Bank

Originating Lender City

KALISPELL

Originating Lender State

MT

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

501044.42

Forgiveness Date

07/09/2021

;