PPP Loan information for Precision motor werks llc

$98,895

Precision motor werks llc was initially approved for PPP Loan of amount $98,895, the current approved amount is $98,895. The loan was approved on 04/11/2020 by The Marblehead Bank reported 8 jobs and $98,895 was used to fund payroll.

Precision motor werks llc is Existing or more than 2 years old

PPP Loan Search / MA / MARBLEHEAD / Precision motor werks llc

PRECISION MOTOR WERKS LLC

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PRECISION MOTOR WERKS LLC

Borrower Address

2 Barnard Street

Borrower City

MARBLEHEAD

Borrower State

MA

Borrower Zip

01945-3106

Loan Status Date

06/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98895.00

Current Approval Amount

98895.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33039

Servicing Lender Name

Marblehead Bank

Servicing Lender Address

21 Atlantic Ave

Servicing Lender City

MARBLEHEAD

Servicing Lender State

MA

Servicing Lender Zip

01945-3293

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARBLEHEAD

Project County Name

ESSEX

Project State

MA

Project Zip

01945-3106

CD

MA-06

Jobs Reported

8

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

98895.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

33039

Originating Lender

Marblehead Bank

Originating Lender City

MARBLEHEAD

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

99875.82

Forgiveness Date

04/15/2021

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