PPP Loan information for Precision race services inc.

$74,800

Precision race services inc. was initially approved for PPP Loan of amount $74,800, the current approved amount is $74,800. The loan was approved on 04/30/2020 by The Comerica Bank reported 5 jobs and $74,800 was used to fund payroll.

Precision race services inc. is Existing or more than 2 years old

PRECISION RACE SERVICES INC.

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PRECISION RACE SERVICES INC.

Borrower Address

16749 Dixie Hwy, Suite 9

Borrower City

Davisburg

Borrower State

MI

Borrower Zip

48350

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74800.00

Current Approval Amount

74800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Davisburg

Project County Name

OAKLAND

Project State

MI

Project Zip

48350-0001

CD

MI-09

Jobs Reported

5

NAICS Code

336320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

74800.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

75525.14

Forgiveness Date

04/22/2021

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