PPP Loan information for Precison drywall

$405,200

Precison drywall was initially approved for PPP Loan of amount $627,900, the current approved amount is $405,200. The loan was approved on 04/05/2020 by The Farmers State Bank reported 30 jobs and $405,200 was used to fund payroll.

Precison drywall is Existing or more than 2 years old

PRECISON DRYWALL

Date Approved

04/05/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

PRECISON DRYWALL

Borrower Address

1011 2ND AVE SW Ste 200

Borrower City

CEDAR RAPIDS

Borrower State

IA

Borrower Zip

52404-1807

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

627900.00

Current Approval Amount

405200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CEDAR RAPIDS

Project County Name

LINN

Project State

IA

Project Zip

52404-1807

CD

IA-02

Jobs Reported

30

NAICS Code

238310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

405200.00

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

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

410152.44

Forgiveness Date

06/30/2021

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