PPP Loan information for Precision tool, inc.

$193,385

Precision tool, inc. was initially approved for PPP Loan of amount $193,385, the current approved amount is $193,385. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 11 jobs and $193,385 was used to fund payroll.

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

PPP Loan Search / MI / VERMONTVILLE / Precision tool, inc.

PRECISION TOOL, INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PRECISION TOOL, INC.

Borrower Address

519 Allegan Road

Borrower City

VERMONTVILLE

Borrower State

MI

Borrower Zip

49096

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

193385.00

Current Approval Amount

193385.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VERMONTVILLE

Project County Name

EATON

Project State

MI

Project Zip

49096-0001

CD

MI-07

Jobs Reported

11

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5838.00

Payroll Proceed

154708.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

21636.00

Debt Interest Proceed

11203

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

195390.72

Forgiveness Date

05/18/2021

;