PPP Loan information for Precision tool company inc

$150,000

Precision tool company inc was initially approved for PPP Loan of amount $150,000, the current approved amount is $150,000. The loan was approved on 02/20/2021 by The The Huntington National Bank reported 16 jobs and $150,000 was used to fund payroll.

Precision tool company inc is Existing or more than 2 years old

PRECISION TOOL COMPANY INC

Date Approved

02/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PRECISION TOOL COMPANY INC

Borrower Address

2839 Henry St

Borrower City

Muskegon

Borrower State

MI

Borrower Zip

49441-4011

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

150000.00

Current Approval Amount

150000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Muskegon

Project County Name

MUSKEGON

Project State

MI

Project Zip

49441-4011

CD

MI-02

Jobs Reported

16

NAICS Code

333515

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

149999.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

151010.96

Forgiveness Date

10/27/2021

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