PPP Loan information for Precision motor cars inc.

$184,309

Precision motor cars inc. was initially approved for PPP Loan of amount $192,494, the current approved amount is $184,309. The loan was approved on 04/10/2020 by The American Bank reported 16 jobs and $184,309 was used to fund payroll.

Precision motor cars inc. is Existing or more than 2 years old

PPP Loan Search / PA / ALLENTOWN / Precision motor cars inc.

PRECISION MOTOR CARS INC.

Date Approved

04/10/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

PRECISION MOTOR CARS INC.

Borrower Address

808 North Fenwick Street

Borrower City

ALLENTOWN

Borrower State

PA

Borrower Zip

18109-1809

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

192493.72

Current Approval Amount

184309.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121552

Servicing Lender Name

American Bank

Servicing Lender Address

4029 W Tilghman St

Servicing Lender City

ALLENTOWN

Servicing Lender State

PA

Servicing Lender Zip

18104-4400

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALLENTOWN

Project County Name

LEHIGH

Project State

PA

Project Zip

18109-1809

CD

PA-07

Jobs Reported

16

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

184309.30

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

121552

Originating Lender

American Bank

Originating Lender City

ALLENTOWN

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

186101.20

Forgiveness Date

04/06/2021

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