PPP Loan information for Precision technology inc.

$60,234

Precision technology inc. was initially approved for PPP Loan of amount $60,234, the current approved amount is $60,234. The loan was approved on 03/27/2021 by The Truist Bank reported 8 jobs and $60,234 was used to fund payroll.

Precision technology inc. is Existing or more than 2 years old

PPP Loan Search / AL / Fultondale / Precision technology inc.

PRECISION TECHNOLOGY INC.

Date Approved

03/27/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

PRECISION TECHNOLOGY INC.

Borrower Address

820 Honeysuckle Dr

Borrower City

Fultondale

Borrower State

AL

Borrower Zip

35068-1331

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

60234.00

Current Approval Amount

60234.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fultondale

Project County Name

JEFFERSON

Project State

AL

Project Zip

35068-1331

CD

AL-06

Jobs Reported

8

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

60229.00

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

60812.92

Forgiveness Date

03/14/2022

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