PPP Loan information for Precision tools service, inc.

$1,451,463

Precision tools service, inc. was initially approved for PPP Loan of amount $1,451,463, the current approved amount is $1,451,463. The loan was approved on 04/08/2020 by The First Merchants Bank reported 146 jobs and $1,451,463 was used to fund payroll.

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

PPP Loan Search / IN / COLUMBUS / Precision tools service, inc.

PRECISION TOOLS SERVICE, INC.

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

PRECISION TOOLS SERVICE, INC.

Borrower Address

2426 NORCROSS DR

Borrower City

COLUMBUS

Borrower State

IN

Borrower Zip

47201-8844

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1451462.50

Current Approval Amount

1451462.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLUMBUS

Project County Name

BARTHOLOMEW

Project State

IN

Project Zip

47201-8844

CD

IN-09

Jobs Reported

146

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1451462.50

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1461443.79

Forgiveness Date

12/23/2020

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