PPP Loan information for Precision of new hampton inc.

$1,519,500

Precision of new hampton inc. was initially approved for PPP Loan of amount $1,519,500, the current approved amount is $1,519,500. The loan was approved on 04/07/2020 by The Bank Iowa reported 120 jobs and $1,519,500 was used to fund payroll.

Precision of new hampton inc. is Existing or more than 2 years old

PRECISION OF NEW HAMPTON INC.

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

PRECISION OF NEW HAMPTON INC.

Borrower Address

515 BAILEY AVE

Borrower City

NEW HAMPTON

Borrower State

IA

Borrower Zip

50659-1064

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1519500.00

Current Approval Amount

1519500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24768

Servicing Lender Name

Bank Iowa

Servicing Lender Address

1150 Jordan Creek Pkwy

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-5831

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW HAMPTON

Project County Name

CHICKASAW

Project State

IA

Project Zip

50659-1064

CD

IA-02

Jobs Reported

120

NAICS Code

336350

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1519500.00

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

24768

Originating Lender

Bank Iowa

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1528068.29

Forgiveness Date

11/05/2020

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