PPP Loan information for Swiss precision products inc

$180,867

Swiss precision products inc was initially approved for PPP Loan of amount $180,867, the current approved amount is $180,867. The loan was approved on 02/05/2021 by The Webster Five Cents Savings Bank reported 13 jobs and $180,867 was used to fund payroll.

Swiss precision products inc is Existing or more than 2 years old

SWISS PRECISION PRODUCTS INC

Date Approved

02/05/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SWISS PRECISION PRODUCTS INC

Borrower Address

627 Main St

Borrower City

North Oxford

Borrower State

MA

Borrower Zip

01537-1305

Loan Status Date

12/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

180867.12

Current Approval Amount

180867.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33428

Servicing Lender Name

Webster Five Cents Savings Bank

Servicing Lender Address

136 Thompson Rd

Servicing Lender City

WEBSTER

Servicing Lender State

MA

Servicing Lender Zip

01570-1416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Oxford

Project County Name

WORCESTER

Project State

MA

Project Zip

01537-1305

CD

MA-01

Jobs Reported

13

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

180864.12

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

33428

Originating Lender

Webster Five Cents Savings Bank

Originating Lender City

WEBSTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

182273.86

Forgiveness Date

11/16/2021

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