PPP Loan information for Precision threading corp

$42,016

Precision threading corp was initially approved for PPP Loan of amount $42,016, the current approved amount is $42,016. The loan was approved on 01/22/2021 by The Independent Bank reported 4 jobs and $42,016 was used to fund payroll.

Precision threading corp is Existing or more than 2 years old

PPP Loan Search / MI / Cheboygan / Precision threading corp

PRECISION THREADING CORP

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PRECISION THREADING CORP

Borrower Address

1306 Higgins Dr

Borrower City

Cheboygan

Borrower State

MI

Borrower Zip

49721-1061

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42016.00

Current Approval Amount

42016.00

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

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42016.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42166.80

Forgiveness Date

06/15/2021

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