PPP Loan information for Precision products of asheville inc.

$389,690

Precision products of asheville inc. was initially approved for PPP Loan of amount $389,690, the current approved amount is $389,690. The loan was approved on 04/14/2020 by The Truist Bank reported 37 jobs and $389,690 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

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PRECISION PRODUCTS OF ASHEVILLE INC.

Borrower Address

118 GLENN BRIDGE RD

Borrower City

ARDEN

Borrower State

NC

Borrower Zip

28704-8502

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

389690.00

Current Approval Amount

389690.00

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

28704-8502

CD

NC-11

Jobs Reported

37

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

389690.00

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

392569.38

Forgiveness Date

01/14/2021

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