PPP Loan information for Precision transfer inc

$47,555

Precision transfer inc was initially approved for PPP Loan of amount $47,555, the current approved amount is $47,555. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 6 jobs and $47,555 was used to fund payroll.

Precision transfer inc is New Business or 2 years or less

PRECISION TRANSFER INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PRECISION TRANSFER INC

Borrower Address

29E CHIMNEY ROCK RD

Borrower City

BRIDGEWATER

Borrower State

NJ

Borrower Zip

08807-3194

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47555.00

Current Approval Amount

47555.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BRIDGEWATER

Project County Name

SOMERSET

Project State

NJ

Project Zip

08807-3194

CD

NJ-12

Jobs Reported

6

NAICS Code

493110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

47555.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48040.97

Forgiveness Date

05/13/2021

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