PPP Loan information for Precision technologies corp

$1,921,800

Precision technologies corp was initially approved for PPP Loan of amount $1,921,800, the current approved amount is $1,921,800. The loan was approved on 04/15/2020 by The PNC Bank, National Association reported 124 jobs and $1,921,800 was used to fund payroll.

Precision technologies corp is Existing or more than 2 years old

PPP Loan Search / NJ / MONMOUTH JUNCTION / Precision technologies corp

PRECISION TECHNOLOGIES CORP

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PRECISION TECHNOLOGIES CORP

Borrower Address

1100 CORNWALL RD

Borrower City

MONMOUTH JUNCTION

Borrower State

NJ

Borrower Zip

08852-2411

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1921800.00

Current Approval Amount

1921800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONMOUTH JUNCTION

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08852-2411

CD

NJ-12

Jobs Reported

124

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1921800.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1940324.02

Forgiveness Date

03/31/2021

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