PPP Loan information for Precision threading corp.

$42,000

Precision threading corp. was initially approved for PPP Loan of amount $42,000, the current approved amount is $42,000. The loan was approved on 04/10/2020 by The Independent Bank reported 4 jobs and $42,000 was used to fund payroll.

Precision threading corp. is Existing or more than 2 years old

PRECISION THREADING CORP.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PRECISION THREADING CORP.

Borrower Address

1306 HIGGINS DR

Borrower City

CHEBOYGAN

Borrower State

MI

Borrower Zip

49721-1061

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42000.00

Current Approval Amount

42000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHEBOYGAN

Project County Name

CHEBOYGAN

Project State

MI

Project Zip

49721-1061

CD

MI-01

Jobs Reported

4

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42000.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42307.23

Forgiveness Date

01/07/2021

;