PPP Loan information for Precision steel manfacturing corporation

$476,000

Precision steel manfacturing corporation was initially approved for PPP Loan of amount $476,000, the current approved amount is $476,000. The loan was approved on 01/28/2021 by The First-Citizens Bank & Trust Company reported 38 jobs and $476,000 was used to fund payroll.

Precision steel manfacturing corporation is Existing or more than 2 years old

PRECISION STEEL MANFACTURING CORPORATION

Date Approved

01/28/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

PRECISION STEEL MANFACTURING CORPORATION

Borrower Address

1723 Seibel Dr NE

Borrower City

Roanoke

Borrower State

VA

Borrower Zip

24012-5623

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

476000.00

Current Approval Amount

476000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Roanoke

Project County Name

ROANOKE CITY

Project State

VA

Project Zip

24012-5623

CD

VA-06

Jobs Reported

38

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

476000.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

479455.89

Forgiveness Date

10/27/2021

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