PPP Loan information for Precision technologies, inc

$263,865

Precision technologies, inc was initially approved for PPP Loan of amount $263,865, the current approved amount is $263,865. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 26 jobs and $263,865 was used to fund payroll.

Precision technologies, inc is Existing or more than 2 years old

PPP Loan Search / MN / MONTICELLO / Precision technologies, inc

PRECISION TECHNOLOGIES, INC

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PRECISION TECHNOLOGIES, INC

Borrower Address

210 DUNDAS RD

Borrower City

MONTICELLO

Borrower State

MN

Borrower Zip

55362

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

263865.00

Current Approval Amount

263865.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTICELLO

Project County Name

WRIGHT

Project State

MN

Project Zip

55362-0001

CD

MN-06

Jobs Reported

26

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

263865.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

266789.50

Forgiveness Date

06/09/2021

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