PPP Loan information for True precision machining inc

$50,000

True precision machining inc was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 05/15/2020 by The Virginia National Bank reported 8 jobs and $50,000 was used to fund payroll.

True precision machining inc is Existing or more than 2 years old

TRUE PRECISION MACHINING INC

Date Approved

05/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

TRUE PRECISION MACHINING INC

Borrower Address

210 FORT COLLIER RD Unit 6B

Borrower City

WINCHESTER

Borrower State

VA

Borrower Zip

22603-5738

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123036

Servicing Lender Name

Virginia National Bank

Servicing Lender Address

222 E Main St

Servicing Lender City

CHARLOTTESVILLE

Servicing Lender State

VA

Servicing Lender Zip

22902-5232

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WINCHESTER

Project County Name

FREDERICK

Project State

VA

Project Zip

22603-5738

CD

VA-06

Jobs Reported

8

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50000.00

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

123036

Originating Lender

Virginia National Bank

Originating Lender City

CHARLOTTESVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50323.61

Forgiveness Date

01/07/2021

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