PPP Loan information for Precision tool technologies, inc.

$314,200

Precision tool technologies, inc. was initially approved for PPP Loan of amount $314,200, the current approved amount is $314,200. The loan was approved on 04/04/2020 by The RiverWood Bank reported 23 jobs and $314,200 was used to fund payroll.

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

PPP Loan Search / MN / BRAINERD / Precision tool technologies, inc.

PRECISION TOOL TECHNOLOGIES, INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PRECISION TOOL TECHNOLOGIES, INC.

Borrower Address

924 Wright Street

Borrower City

BRAINERD

Borrower State

MN

Borrower Zip

56401-4405

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

314200.00

Current Approval Amount

314200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78088

Servicing Lender Name

RiverWood Bank

Servicing Lender Address

14540 Dellwood Dr

Servicing Lender City

BAXTER

Servicing Lender State

MN

Servicing Lender Zip

56425-9744

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BRAINERD

Project County Name

CROW WING

Project State

MN

Project Zip

56401-4405

CD

MN-08

Jobs Reported

23

NAICS Code

333314

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

314200.00

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

78088

Originating Lender

RiverWood Bank

Originating Lender City

BAXTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

316757.24

Forgiveness Date

02/02/2021

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