PPP Loan information for Precision tool & stamping inc

$388,596

Precision tool & stamping inc was initially approved for PPP Loan of amount $388,596, the current approved amount is $388,596. The loan was approved on 05/05/2020 by The Truist Bank reported 34 jobs and $388,596 was used to fund payroll.

Precision tool & stamping inc is Existing or more than 2 years old

PRECISION TOOL & STAMPING INC

Date Approved

05/05/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PRECISION TOOL & STAMPING INC

Borrower Address

800 WARSAW RD

Borrower City

CLINTON

Borrower State

NC

Borrower Zip

28328-3716

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

388596.00

Current Approval Amount

388596.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLINTON

Project County Name

SAMPSON

Project State

NC

Project Zip

28328-3716

CD

NC-03

Jobs Reported

34

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

388596.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

392449.58

Forgiveness Date

05/10/2021

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