PPP Loan information for Precision testing, inc.

$69,000

Precision testing, inc. was initially approved for PPP Loan of amount $69,000, the current approved amount is $69,000. The loan was approved on 04/15/2020 by The Park State Bank reported 9 jobs and $69,000 was used to fund payroll.

Precision testing, inc. is Existing or more than 2 years old

PRECISION TESTING, INC.

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PRECISION TESTING, INC.

Borrower Address

5559 Enterprise Dr

Borrower City

VIRGINIA

Borrower State

MN

Borrower Zip

55792-3614

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69000.00

Current Approval Amount

69000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VIRGINIA

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55792-3614

CD

MN-08

Jobs Reported

9

NAICS Code

541990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

55252.00

Mortgage Interest Proceed

9748.00

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

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

69509.83

Forgiveness Date

01/13/2021

;