PPP Loan information for Precision transmission services inc

$18,500

Precision transmission services inc was initially approved for PPP Loan of amount $18,500, the current approved amount is $18,500. The loan was approved on 04/28/2020 by The First State Bank reported 2 jobs and $18,500 was used to fund payroll.

Precision transmission services inc is Existing or more than 2 years old

PPP Loan Search / MI / Mt Clemens / Precision transmission services inc

PRECISION TRANSMISSION SERVICES INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PRECISION TRANSMISSION SERVICES INC

Borrower Address

159 North Ave

Borrower City

Mt Clemens

Borrower State

MI

Borrower Zip

48043-1775

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18500.00

Current Approval Amount

18500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34492

Servicing Lender Name

First State Bank

Servicing Lender Address

16100 E Nine Mile Rd

Servicing Lender City

EASTPOINTE

Servicing Lender State

MI

Servicing Lender Zip

48021-2321

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mt Clemens

Project County Name

MACOMB

Project State

MI

Project Zip

48043-1775

CD

MI-10

Jobs Reported

2

NAICS Code

811113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

18500.00

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

Subchapter S Corporation

Originating Lender Location Id

34492

Originating Lender

First State Bank

Originating Lender City

EASTPOINTE

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

18659.15

Forgiveness Date

03/11/2021

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