PPP Loan information for Precision testing laboratory, inc.

$545,000

Precision testing laboratory, inc. was initially approved for PPP Loan of amount $545,000, the current approved amount is $545,000. The loan was approved on 04/07/2020 by The United Bank reported 47 jobs and $545,000 was used to fund payroll.

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

PRECISION TESTING LABORATORY, INC.

Date Approved

04/07/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

PRECISION TESTING LABORATORY, INC.

Borrower Address

1313 RITTER DR

Borrower City

DANIELS

Borrower State

WV

Borrower Zip

25832-9444

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

545000.00

Current Approval Amount

545000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DANIELS

Project County Name

RALEIGH

Project State

WV

Project Zip

25832-9444

CD

WV-01

Jobs Reported

47

NAICS Code

541380

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

545000.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

551464.31

Forgiveness Date

06/24/2021

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