PPP Loan information for Precision small engines inc.

$45,000

Precision small engines inc. was initially approved for PPP Loan of amount $45,000, the current approved amount is $45,000. The loan was approved on 04/30/2020 by The Truist Bank reported 6 jobs and $45,000 was used to fund payroll.

Precision small engines inc. is Existing or more than 2 years old

PPP Loan Search / MD / College Park / Precision small engines inc.

PRECISION SMALL ENGINES INC.

Date Approved

04/30/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

PRECISION SMALL ENGINES INC.

Borrower Address

9651 Baltimore Ave.

Borrower City

College Park

Borrower State

MD

Borrower Zip

20740

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45000.00

Current Approval Amount

45000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLLEGE PARK

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20740-1305

CD

MD-04

Jobs Reported

6

NAICS Code

811411

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

45000.00

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

45407.50

Forgiveness Date

03/31/2021

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