PPP Loan information for Precision plus inc.

$24,000

Precision plus inc. was initially approved for PPP Loan of amount $24,000, the current approved amount is $24,000. The loan was approved on 04/29/2020 by The The Farmers & Merchants State Bank reported 5 jobs and $24,000 was used to fund payroll.

Precision plus inc. is Existing or more than 2 years old

PRECISION PLUS INC.

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PRECISION PLUS INC.

Borrower Address

7222 Turk Rd

Borrower City

OTTAWA LAKE

Borrower State

MI

Borrower Zip

49267

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24000.00

Current Approval Amount

24000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53250

Servicing Lender Name

The Farmers & Merchants State Bank

Servicing Lender Address

307 N Defiance St

Servicing Lender City

ARCHBOLD

Servicing Lender State

OH

Servicing Lender Zip

43502-1162

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OTTAWA LAKE

Project County Name

MONROE

Project State

MI

Project Zip

49267-0011

CD

MI-07

Jobs Reported

5

NAICS Code

561730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

24000.00

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

53250

Originating Lender

The Farmers & Merchants State Bank

Originating Lender City

ARCHBOLD

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

24173.59

Forgiveness Date

01/26/2021

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