PPP Loan information for Precision structures incorporated

$618,942

Precision structures incorporated was initially approved for PPP Loan of amount $618,942, the current approved amount is $618,942. The loan was approved on 02/23/2021 by The Hills Bank and Trust Company reported 37 jobs and $618,942 was used to fund payroll.

Precision structures incorporated is Existing or more than 2 years old

PPP Loan Search / IA / Wellman / Precision structures incorporated

PRECISION STRUCTURES INCORPORATED

Date Approved

02/23/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

PRECISION STRUCTURES INCORPORATED

Borrower Address

1204 1st Ave

Borrower City

Wellman

Borrower State

IA

Borrower Zip

52356-9306

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

618942.00

Current Approval Amount

618942.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25080

Servicing Lender Name

Hills Bank and Trust Company

Servicing Lender Address

131 Main St

Servicing Lender City

HILLS

Servicing Lender State

IA

Servicing Lender Zip

52235

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wellman

Project County Name

WASHINGTON

Project State

IA

Project Zip

52356-9306

CD

IA-01

Jobs Reported

37

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

618940.00

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

25080

Originating Lender

Hills Bank and Trust Company

Originating Lender City

HILLS

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

623154.24

Forgiveness Date

11/17/2021

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