PPP Loan information for Precision products of asheville inc.

$322,975

Precision products of asheville inc. was initially approved for PPP Loan of amount $322,975, the current approved amount is $322,975. The loan was approved on 02/25/2021 by The Truist Bank reported 36 jobs and $322,975 was used to fund payroll.

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

PPP Loan Search / NC / Arden / Precision products of asheville inc.

PRECISION PRODUCTS OF ASHEVILLE INC.

Date Approved

02/25/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

PRECISION PRODUCTS OF ASHEVILLE INC.

Borrower Address

118 Glenn Bridge Road

Borrower City

Arden

Borrower State

NC

Borrower Zip

28704

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

322975.00

Current Approval Amount

322975.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Arden

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28704

CD

NC-11

Jobs Reported

36

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

322975.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

325352.45

Forgiveness Date

11/19/2021

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