PPP Loan information for Precision methods, inc

$141,232

Precision methods, inc was initially approved for PPP Loan of amount $141,232, the current approved amount is $141,232. The loan was approved on 04/28/2020 by The Webster Bank National Association reported 12 jobs and $141,232 was used to fund payroll.

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

PPP Loan Search / CT / WOLCOTT / Precision methods, inc

PRECISION METHODS, INC

Date Approved

04/28/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

PRECISION METHODS, INC

Borrower Address

40 NORTH ST

Borrower City

WOLCOTT

Borrower State

CT

Borrower Zip

06716

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

141232.00

Current Approval Amount

141232.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOLCOTT

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06716-0001

CD

CT-05

Jobs Reported

12

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

141232.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

142098.74

Forgiveness Date

12/16/2020

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