PPP Loan information for Precision welding corporation

$62,700

Precision welding corporation was initially approved for PPP Loan of amount $62,700, the current approved amount is $62,700. The loan was approved on 04/07/2020 by The Community State Bank reported 4 jobs and $62,700 was used to fund payroll.

Precision welding corporation is Existing or more than 2 years old

PRECISION WELDING CORPORATION

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

PRECISION WELDING CORPORATION

Borrower Address

16403 Lima Rd

Borrower City

HUNTERTOWN

Borrower State

IN

Borrower Zip

46748-9756

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62700.00

Current Approval Amount

62700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22924

Servicing Lender Name

Community State Bank

Servicing Lender Address

802 E Albion St

Servicing Lender City

AVILLA

Servicing Lender State

IN

Servicing Lender Zip

46710-9691

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUNTERTOWN

Project County Name

ALLEN

Project State

IN

Project Zip

46748-9756

CD

IN-03

Jobs Reported

4

NAICS Code

333992

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

62700.00

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

22924

Originating Lender

Community State Bank

Originating Lender City

AVILLA

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

63243.40

Forgiveness Date

02/24/2021

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