PPP Loan information for Precision pipe and fabrication inc.

$131,023

Precision pipe and fabrication inc. was initially approved for PPP Loan of amount $131,023, the current approved amount is $131,023. The loan was approved on 05/19/2020 by The Uwharrie Bank reported 12 jobs and $131,023 was used to fund payroll.

Precision pipe and fabrication inc. is Existing or more than 2 years old

PRECISION PIPE AND FABRICATION INC.

Date Approved

05/19/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PRECISION PIPE AND FABRICATION INC.

Borrower Address

7023 E Marshville Blvd PO Box 530

Borrower City

Marshville

Borrower State

NC

Borrower Zip

28103-1170

Loan Status Date

09/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

131023.28

Current Approval Amount

131023.28

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marshville

Project County Name

UNION

Project State

NC

Project Zip

28103-1170

CD

NC-08

Jobs Reported

12

NAICS Code

238990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1596.00

Payroll Proceed

123777.28

Mortgage Interest Proceed

0.00

Rent Proceed

5650.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

132166.09

Forgiveness Date

04/01/2021

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