PPP Loan information for Precision rotary equipment co., inc.

$72,883

Precision rotary equipment co., inc. was initially approved for PPP Loan of amount $72,883, the current approved amount is $72,883. The loan was approved on 04/10/2020 by The TS Bank reported 16 jobs and $72,883 was used to fund payroll.

Precision rotary equipment co., inc. is Existing or more than 2 years old

PPP Loan Search / IA / COUNCIL BLUFFS / Precision rotary equipment co., inc.

PRECISION ROTARY EQUIPMENT CO., INC.

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

PRECISION ROTARY EQUIPMENT CO., INC.

Borrower Address

1427 9TH AVE

Borrower City

COUNCIL BLUFFS

Borrower State

IA

Borrower Zip

51501-6102

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72883.00

Current Approval Amount

72883.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25541

Servicing Lender Name

TS Bank

Servicing Lender Address

15 E Main

Servicing Lender City

TREYNOR

Servicing Lender State

IA

Servicing Lender Zip

51575

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COUNCIL BLUFFS

Project County Name

POTTAWATTAMIE

Project State

IA

Project Zip

51501-6102

CD

IA-04

Jobs Reported

16

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2947.00

Payroll Proceed

54662.00

Mortgage Interest Proceed

0.00

Rent Proceed

15274.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25541

Originating Lender

TS Bank

Originating Lender City

TREYNOR

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73615.88

Forgiveness Date

04/08/2021

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