PPP Loan information for Precision products, inc.

$1,623,000

Precision products, inc. was initially approved for PPP Loan of amount $1,623,000, the current approved amount is $1,623,000. The loan was approved on 04/08/2020 by The CIBC Bank USA reported 196 jobs and $1,623,000 was used to fund payroll.

Precision products, inc. is Existing or more than 2 years old

PPP Loan Search / CA / LOS ANGELES / Precision products, inc.

PRECISION PRODUCTS, INC.

Date Approved

04/08/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

PRECISION PRODUCTS, INC.

Borrower Address

10474 SANTA MONICA BLVD Suite 400

Borrower City

LOS ANGELES

Borrower State

CA

Borrower Zip

90025-5033

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1623000.00

Current Approval Amount

1623000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOS ANGELES

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90025-5033

CD

CA-36

Jobs Reported

196

NAICS Code

332510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1623000.00

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

Corporation

Originating Lender Location Id

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1641809.01

Forgiveness Date

06/11/2021

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