PPP Loan information for Precision watches incorporated

$155,570

Precision watches incorporated was initially approved for PPP Loan of amount $155,570, the current approved amount is $155,570. The loan was approved on 01/27/2021 by The Penn Community Bank reported 17 jobs and $155,570 was used to fund payroll.

Precision watches incorporated is Existing or more than 2 years old

PPP Loan Search / PA / Willow Grove / Precision watches incorporated

PRECISION WATCHES INCORPORATED

Date Approved

01/27/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

PRECISION WATCHES INCORPORATED

Borrower Address

2500 W Moreland Rd Ste 1101

Borrower City

Willow Grove

Borrower State

PA

Borrower Zip

19090-4006

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

155570.00

Current Approval Amount

155570.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87093

Servicing Lender Name

Penn Community Bank

Servicing Lender Address

3969 Durham Rd

Servicing Lender City

DOYLESTOWN

Servicing Lender State

PA

Servicing Lender Zip

18902-1326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Willow Grove

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19090-4006

CD

PA-04

Jobs Reported

17

NAICS Code

453998

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

155569.00

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

87093

Originating Lender

Penn Community Bank

Originating Lender City

DOYLESTOWN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

156797.27

Forgiveness Date

11/15/2021

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